Shares of ABB Ltd (NYSE:ABBNY - Get Free Report) have received a consensus rating of "Moderate Buy" from the six ratings firms that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a strong buy recommendation on the company.
Several equities analysts have recently commented on the stock. Cfra Research cut shares of ABB from a "moderate buy" rating to a "hold" rating in a research report on Monday, April 21st. Dnb Nor Markets raised ABB from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 1st. Finally, Kepler Capital Markets raised ABB from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 8th.
View Our Latest Research Report on ABBNY
ABB Stock Up 1.9%
NYSE ABBNY traded up $1.13 on Friday, reaching $59.49. The company had a trading volume of 161,147 shares, compared to its average volume of 267,635. The firm has a market capitalization of $110.69 billion, a PE ratio of 28.06, a P/E/G ratio of 2.48 and a beta of 1.16. ABB has a 1 year low of $45.36 and a 1 year high of $60.32. The firm has a 50-day moving average of $54.73 and a 200-day moving average of $55.04. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.37 and a quick ratio of 0.99.
ABB Company Profile
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Get Free ReportABB 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.
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