Other analysts have also recently issued reports about the stock. JPMorgan Chase set a CHF 24 price objective on shares of ABB and gave the company a neutral rating in a research note on Monday, January 29th. Societe Generale set a CHF 28 price objective on shares of ABB and gave the company a neutral rating in a research note on Tuesday, January 9th. Cfra set a CHF 27 price objective on shares of ABB and gave the company a buy rating in a research note on Friday, February 9th. Deutsche Bank set a CHF 30 price objective on shares of ABB and gave the company a buy rating in a research note on Wednesday, January 17th. Finally, Kepler Capital Markets set a CHF 28 price target on shares of ABB and gave the stock a buy rating in a research report on Thursday, December 14th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company’s stock. ABB has a consensus rating of Hold and a consensus price target of CHF 26.30.
ABBN traded up CHF 0.11 during trading on Friday, hitting CHF 23.09. The company’s stock had a trading volume of 15,390,000 shares, compared to its average volume of 7,460,000. ABB has a twelve month low of CHF 21.65 and a twelve month high of CHF 27.24.
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ABB Ltd (ABB) is a holding company. The Company’s segments include Electrification Products, Robotics and Motion, Industrial Automation, Power Grids, and Corporate and Other. It operates through four divisions: Electrification Products, Robotics and Motion, Industrial Automation and Power Grids. It is engaged in serving customers in utilities, industry and transport and infrastructure.
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