UBS AG set a CHF 21 target price on ABB Ltd. (VTX:ABBN) in a research note published on Tuesday, www.boersen-zeitung.de reports. The firm currently has a sell rating on the stock.

Several other equities research analysts also recently issued reports on the company. J P Morgan Chase & Co set a CHF 23 price objective 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 objective on ABB and gave the stock a neutral rating in a research note on Thursday, July 20th. Deutsche Bank AG set a CHF 23.50 price objective on ABB and gave the stock a neutral rating in a research note on Wednesday, September 13th. Citigroup Inc. set a CHF 21 price objective on ABB and gave the stock a sell rating in a research note on Thursday, September 7th. Finally, Morgan Stanley set a CHF 25 price objective on ABB and gave the stock a neutral rating in a research note on Friday, July 21st. Three analysts have rated the stock with a sell rating and seven have given a hold rating to the company. The company currently has a consensus rating of Hold and an average price target of CHF 23.55.

Shares of ABB (ABBN) opened at 24.75 on Tuesday. The stock has a market cap of CHK 52.82 billion and a PE ratio of 23.84. ABB has a 52-week low of CHK 19.72 and a 52-week high of CHK 24.89. The company’s 50-day moving average price is CHK 23.75 and its 200-day moving average price is CHK 23.64.

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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)

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