J P Morgan Chase & Co set a CHF 23.50 target price on ABB Ltd. (VTX:ABBN) in a research note published on Friday, July 21st. The firm currently has a neutral rating on the stock.

A number of other equities research analysts also recently commented on the stock. Kepler Capital Markets set a CHF 24.50 price target on shares of ABB and gave the stock a neutral rating in a report on Friday, July 21st. Morgan Stanley set a CHF 25 price target on shares of ABB and gave the stock a neutral rating in a report on Friday, July 21st. Deutsche Bank AG set a CHF 23.50 price target on shares of ABB and gave the stock a neutral rating in a report on Friday, July 21st. S&P Global set a CHF 26 price target on shares of ABB and gave the stock a neutral rating in a report on Thursday, July 20th. Finally, Goldman Sachs Group, Inc. (The) set a CHF 25 price target on shares of ABB and gave the stock a neutral rating in a report on Friday, July 14th. Two equities research analysts have rated the stock with a sell rating and six have given a hold rating to the stock. The stock has an average rating of Hold and a consensus price target of CHF 23.69.

Shares of ABB (VTX:ABBN) traded down 1.21% on Friday, hitting CHK 22.08. The stock had a trading volume of 5,026,678 shares. The firm’s 50-day moving average price is CHK 23.39 and its 200 day moving average price is CHK 23.55. The firm has a market cap of CHK 47.12 billion and a P/E ratio of 21.27. ABB has a 12 month low of CHK 19.72 and a 12 month high of CHK 24.89.

COPYRIGHT VIOLATION NOTICE: This piece of content was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/08/10/j-p-morgan-chase-co-analysts-give-abb-ltd-abbn-a-chf-23-50-price-target-updated-updated.html.

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.

Analyst Recommendations for ABB (VTX:ABBN)

Receive News & Stock Ratings for ABB Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ABB Ltd. and related stocks with our FREE daily email newsletter.