ABB Ltd. (VTX:ABBN) has earned an average recommendation of “Hold” from the eight ratings firms that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is CHF 23.69.

ABBN has been the subject of several recent analyst reports. Deutsche Bank AG set a CHF 24 target price on shares of ABB and gave the stock a “neutral” rating in a report on Thursday, June 1st. Berenberg Bank set a CHF 21 price objective on shares of ABB and gave the company a “sell” rating in a report on Tuesday, June 6th. J P Morgan Chase & Co set a CHF 23 price objective on shares of ABB and gave the company a “neutral” rating in a report on Tuesday, June 27th. Goldman Sachs Group, Inc. (The) set a CHF 24 target price on shares of ABB and gave the company a “neutral” rating in a report on Thursday, June 29th. Finally, Citigroup Inc. set a CHF 21 target price on shares of ABB and gave the company a “sell” rating in a report on Monday, July 3rd.

Shares of ABB (VTX:ABBN) opened at 22.57 on Wednesday. ABB has a 12-month low of CHK 19.48 and a 12-month high of CHK 24.89. The company has a 50 day moving average of CHK 23.77 and a 200-day moving average of CHK 23.56.

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ABB Company Profile

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.

Analyst Recommendations for ABB (VTX:ABBN)

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