Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on ABB Ltd (GB:0NX2 – Research Report) and Nabtesco (NCTKF – Research Report).
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ABB Ltd (GB:0NX2)
In a report released yesterday, Robert Czerwensky from DZ BANK AG maintained a Buy rating on ABB Ltd. The company’s shares closed yesterday at CHF66.65.
Czerwensky has an average return of 15.0% when recommending ABB Ltd.
According to TipRanks.com, Czerwensky is ranked #3418 out of 12040 analysts.
Currently, the analyst consensus on ABB Ltd is a Hold with an average price target of CHF60.45, implying a -9.0% downside from current levels. In a report issued on January 27, Kepler Capital also upgraded the stock to Buy with a CHF70.00 price target.
