Deutsche Bank AG set a CHF 23.50 target price on ABB Ltd. (VTX:ABBN) in a research note issued to investors on Wednesday morning. The firm currently has a neutral rating on the stock.

Several other equities research analysts have also issued reports on the company. J P Morgan Chase & Co set a CHF 23 price target on ABB and gave the stock a neutral rating in a research note on Thursday, July 13th. S&P Global set a CHF 26 price target on ABB and gave the stock a neutral rating in a research note on Thursday, July 20th. Morgan Stanley set a CHF 25 price target on ABB and gave the stock a neutral rating in a research note on Friday, July 21st. Kepler Capital Markets set a CHF 24.50 price target on ABB and gave the stock a neutral rating in a research note on Friday, July 21st. Finally, Goldman Sachs Group, Inc. (The) set a CHF 24 price target on ABB and gave the stock a neutral rating in a research note on Thursday, June 29th. Two research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. ABB has an average rating of Hold and a consensus target price of CHF 23.69.

ABB (VTX:ABBN) opened at 23.43 on Wednesday. ABB has a 52-week low of CHK 19.72 and a 52-week high of CHK 24.89. The firm has a 50-day moving average price of CHK 22.53 and a 200 day moving average price of CHK 23.45. The company has a market capitalization of CHK 50.00 billion and a P/E ratio of 22.57.

ILLEGAL ACTIVITY NOTICE: “Deutsche Bank AG Analysts Give ABB Ltd. (ABBN) a CHF 23.50 Price Target” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this news story on another publication, it was stolen and reposted in violation of international trademark and copyright legislation. The correct version of this news story can be read at https://www.thecerbatgem.com/2017/09/16/deutsche-bank-ag-analysts-give-abb-ltd-abbn-a-chf-23-50-price-target.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.