ABB Ltd (NYSE:ABBNY) Given Consensus Rating of "Hold" by Analysts

Key Points

• ABB Ltd has a consensus recommendation of "Hold" from seven analysts, with two sell ratings, three holds, and two strong buys.
• The company's stock has seen its rating change, with notable downgrades from Wall Street Zen and Kepler Capital Markets, alongside an upgrade from Citigroup.
• ABB Ltd has a market cap of $130.29 billion and trades within a 52-week range of $45.36 to $71.68.

ABB Ltd (NYSE:ABBNY - Get Free Report) has been given a consensus recommendation of "Hold" by the seven ratings firms that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a strong buy recommendation to the company.

ABBNY has been the subject of a number of research reports. Barclays reaffirmed an "underweight" rating on shares of ABB in a research report on Tuesday, July 15th. Wall Street Zen lowered ABB from a "strong-buy" rating to a "buy" rating in a research note on Saturday, July 26th. Citigroup upgraded ABB from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 21st. Finally, Kepler Capital Markets lowered ABB from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, June 17th.

ABB Stock Performance

ABBNY traded up $0.06 on Friday, reaching $71.84. 92,711 shares of the stock were exchanged, compared to its average volume of 255,164. The company's 50-day moving average price is $67.15 and its 200 day moving average price is $59.42. ABB has a fifty-two week low of $45.36 and a fifty-two week high of $72.31. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.37 and a quick ratio of 0.99. The firm has a market capitalization of $132.47 billion, a PE ratio of 33.89, a PEG ratio of 2.48 and a beta of 1.18.

ABB Company Profile

ABB Ltd provides electrification, motion, and automation solutions and products for customers in utilities, industry and transport, and infrastructure in Switzerland, rest of Europe, the Americas, the United States, rest of Asia, the Middle East, Africa, China, and internationally. Its Electrification segment offers renewable power solutions, modular substation packages, distribution automation products, switchboards and panelboards, switchgears, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions.