---
title: "Berenberg Bank Reaffirms Their Hold Rating on ABB Ltd (ABBNY)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293294504.md"
description: "Berenberg Bank reaffirmed its Hold rating on ABB Ltd (ABBNY) with a $99.00 price target, while shares closed at $97.82. The analyst consensus for ABB is also Hold, with an average price target of $94.50, implying a -3.39% downside. Additionally, TD Cowen maintained a Hold rating on July 16 with a $90.00 target."
datetime: "2026-07-21T05:35:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293294504.md)
  - [en](https://longbridge.com/en/news/293294504.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293294504.md)
generator: "portal-rs"
---

# Berenberg Bank Reaffirms Their Hold Rating on ABB Ltd (ABBNY)

In a report released yesterday, from Berenberg Bank maintained a Hold rating on ABB Ltd, with a price target of $99.00. The company’s shares closed yesterday at $97.82.

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ABB Ltd has an analyst consensus of Hold, with a price target consensus of $94.50, representing a -3.39% downside. In a report released on July 16, TD Cowen also maintained a Hold rating on the stock with a $90.00 price target.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**