ABB (VTX:ABBN) has been assigned a CHF 32 target price by Goldman Sachs Group in a report released on Monday. The firm presently has a “buy” rating on the stock. Goldman Sachs Group’s price objective would indicate a potential upside of 38.59% from the stock’s current price.

Other analysts have also recently issued reports about the company. Deutsche Bank set a CHF 28 price target on ABB and gave the company a “buy” rating in a research note 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 Wednesday, June 27th. Kepler Capital Markets set a CHF 26 price objective on ABB and gave the company a “buy” rating in a research report on Friday, July 20th. Citigroup set a CHF 28 price objective on ABB and gave the company a “buy” rating in a research report on Tuesday, September 4th. Finally, Societe Generale set a CHF 26.50 price objective on ABB and gave the company a “buy” rating in a research report on Friday, September 14th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of CHF 26.15.

Shares of ABBN stock opened at CHF 23.09 on Monday. ABB has a one year low of CHF 21.65 and a one 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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