ABB: Oddo still a seller, but raises target price
(CercleFinance.com) - Anticipating what is says is a very weak, although not disastrous Q2, on Thursday morning an Oddo BHF analyst confirms a "Reduce" rating on the share of Swiss engineering group ABB, while raising his target price.
The broker has therefore increased its target price from 17 Swiss francs to 19 Swiss francs (current price 23 Swiss francs), based on increases in listed peers.
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The broker has therefore increased its target price from 17 Swiss francs to 19 Swiss francs (current price 23 Swiss francs), based on increases in listed peers.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.