ABB Ltd (NYSE:ABBNY) Given Consensus Recommendation of "Moderate Buy" by Analysts

Shares of ABB Ltd (NYSE:ABBNY - Get Free Report) have received an average recommendation of "Moderate Buy" from the six ratings firms that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a strong buy rating on the company.

Several analysts have recently commented on ABBNY shares. Dnb Nor Markets raised shares of ABB from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 1st. Cfra Research cut shares of ABB from a "moderate buy" rating to a "hold" rating in a report on Monday, April 21st. Finally, Kepler Capital Markets raised shares of ABB from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 8th.

ABB Trading Down 0.7%

NYSE:ABBNY traded down $0.40 on Friday, reaching $58.36. 120,523 shares of the stock traded hands, compared to its average volume of 268,756. The company has a current ratio of 1.37, a quick ratio of 0.99 and a debt-to-equity ratio of 0.44. ABB has a 1-year low of $45.36 and a 1-year high of $59.67. The company's 50 day moving average is $54.25 and its 200-day moving average is $55.01. The firm has a market capitalization of $108.59 billion, a price-to-earnings ratio of 27.53, a price-to-earnings-growth ratio of 2.48 and a beta of 1.16.

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.