Societe Generale set a CHF 26.50 price objective on ABB (VTX:ABBN) in a research note released on Friday. The firm currently has a buy rating on the stock.

A number of other research firms also recently issued reports on ABBN. Deutsche Bank set a CHF 28 price objective on ABB and gave the stock a buy rating in a report on Thursday, June 28th. Barclays set a CHF 27.60 price target on ABB and gave the company a buy rating in a research note on Thursday, August 16th. Jefferies Financial Group set a CHF 22.28 target price on ABB and gave the stock a neutral rating in a research note on Wednesday, July 11th. Goldman Sachs Group set a CHF 32 price target on ABB and gave the stock a buy rating in a report on Monday, June 18th. Finally, UBS Group set a CHF 22.50 price target on ABB and gave the stock a neutral rating in a report on Monday, July 9th. Nine research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. ABB presently has a consensus rating of Hold and an average target price of CHF 26.14.

VTX:ABBN opened at CHF 23.09 on Friday. ABB has a 1-year low of CHF 21.65 and a 1-year high of CHF 27.24.

About ABB

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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Analyst Recommendations for ABB (VTX:ABBN)

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