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

ABB logo with Industrials background

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

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

Read Our Latest Research Report on ABB

ABB Stock Down 0.2%

ABB stock traded down $0.14 during midday trading on Monday, reaching $57.00. The company's stock had a trading volume of 169,102 shares, compared to its average volume of 284,549. The stock's 50-day simple moving average is $53.10 and its 200-day simple moving average is $54.89. 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 has a 52-week low of $45.36 and a 52-week high of $59.67. The stock has a market capitalization of $106.06 billion, a P/E ratio of 26.89, a PEG ratio of 2.48 and a beta of 1.16.

ABB Company Profile

(Get Free Report

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.

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Analyst Recommendations for ABB (NYSE:ABBNY)

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