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

Shares of ABB Ltd (NYSE:ABBNY - Get Free Report) have earned an average recommendation of "Moderate Buy" from the six brokerages that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a strong buy rating to the company.

A number of research firms have weighed in on ABBNY. Cfra Research lowered ABB from a "moderate buy" rating to a "hold" rating in a report on Monday, April 21st. Dnb Nor Markets raised shares of ABB from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 1st. Finally, Kepler Capital Markets upgraded ABB from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 8th.

ABB Stock Performance

Shares of NYSE ABBNY traded up $0.37 during trading on Monday, reaching $57.17. 124,597 shares of the stock traded hands, compared to its average volume of 285,577. 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 stock has a market capitalization of $106.37 billion, a P/E ratio of 26.97, a price-to-earnings-growth ratio of 2.48 and a beta of 1.16. ABB has a 52-week low of $45.36 and a 52-week high of $59.67. The company has a 50-day moving average of $53.07 and a 200-day moving average of $54.90.

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.