UBS analyst Guillermo Lojo maintained a Hold rating on ABB Ltd (ABB) today and set a price target of $20.50. The company’s shares opened today at $18.53, close to its 52-week low of $18.05.
The word on The Street in general, suggests a Hold analyst consensus rating for ABB Ltd with a $20.22 average price target, implying a 9.1% upside from current levels. In a report released today, RBC Capital also maintained a Hold rating on the stock with a $21 price target.
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ABB Ltd’s market cap is currently $41.19B and has a P/E ratio of 18.46. The company has a Price to Book ratio of 2.73.
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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.
