In a report released today, Gael De-Bray from Deutsche Bank maintained a Buy rating on ABB Ltd (ABB), with a price target of $24. The company’s shares opened today at $18.88, close to its 52-week low of $18.05.
According to TipRanks.com, De-Bray is ranked #3659 out of 5178 analysts.
ABB Ltd has an analyst consensus of Hold, with a price target consensus of $21.58.
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ABB Ltd’s market cap is currently $40.3B and has a P/E ratio of 18.81. The company has a Price to Book ratio of 2.78.
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ABB Ltd. is a holding company, which engages in the development and provision of power and automation technologies. It operates through the following business segments: Electrification Products; Robotics and Motion; Industrial Automation; Power Grids; and Corporate and Other.