QQQ   284.41 (+0.21%)
AAPL   117.51 (+1.32%)
MSFT   214.65 (+0.20%)
FB   267.56 (+2.36%)
GOOGL   1,551.08 (+1.38%)
AMZN   3,217.01 (+0.31%)
TSLA   421.94 (-2.06%)
NVDA   545.82 (+1.09%)
BABA   309.81 (+1.48%)
CGC   18.88 (-4.69%)
GE   7.34 (+0.69%)
MU   53.53 (+1.71%)
AMD   81.56 (-0.54%)
T   26.76 (-0.45%)
F   7.74 (+1.98%)
ACB   4.56 (-3.18%)
GILD   60.55 (-0.03%)
NFLX   525.42 (-1.00%)
BA   167.24 (+0.08%)
BAC   24.14 (+1.77%)
DIS   124.95 (+0.58%)
QQQ   284.41 (+0.21%)
AAPL   117.51 (+1.32%)
MSFT   214.65 (+0.20%)
FB   267.56 (+2.36%)
GOOGL   1,551.08 (+1.38%)
AMZN   3,217.01 (+0.31%)
TSLA   421.94 (-2.06%)
NVDA   545.82 (+1.09%)
BABA   309.81 (+1.48%)
CGC   18.88 (-4.69%)
GE   7.34 (+0.69%)
MU   53.53 (+1.71%)
AMD   81.56 (-0.54%)
T   26.76 (-0.45%)
F   7.74 (+1.98%)
ACB   4.56 (-3.18%)
GILD   60.55 (-0.03%)
NFLX   525.42 (-1.00%)
BA   167.24 (+0.08%)
BAC   24.14 (+1.77%)
DIS   124.95 (+0.58%)
QQQ   284.41 (+0.21%)
AAPL   117.51 (+1.32%)
MSFT   214.65 (+0.20%)
FB   267.56 (+2.36%)
GOOGL   1,551.08 (+1.38%)
AMZN   3,217.01 (+0.31%)
TSLA   421.94 (-2.06%)
NVDA   545.82 (+1.09%)
BABA   309.81 (+1.48%)
CGC   18.88 (-4.69%)
GE   7.34 (+0.69%)
MU   53.53 (+1.71%)
AMD   81.56 (-0.54%)
T   26.76 (-0.45%)
F   7.74 (+1.98%)
ACB   4.56 (-3.18%)
GILD   60.55 (-0.03%)
NFLX   525.42 (-1.00%)
BA   167.24 (+0.08%)
BAC   24.14 (+1.77%)
DIS   124.95 (+0.58%)
QQQ   284.41 (+0.21%)
AAPL   117.51 (+1.32%)
MSFT   214.65 (+0.20%)
FB   267.56 (+2.36%)
GOOGL   1,551.08 (+1.38%)
AMZN   3,217.01 (+0.31%)
TSLA   421.94 (-2.06%)
NVDA   545.82 (+1.09%)
BABA   309.81 (+1.48%)
CGC   18.88 (-4.69%)
GE   7.34 (+0.69%)
MU   53.53 (+1.71%)
AMD   81.56 (-0.54%)
T   26.76 (-0.45%)
F   7.74 (+1.98%)
ACB   4.56 (-3.18%)
GILD   60.55 (-0.03%)
NFLX   525.42 (-1.00%)
BA   167.24 (+0.08%)
BAC   24.14 (+1.77%)
DIS   124.95 (+0.58%)
Log in

ABB (NYSE:ABB) Given Buy Rating at Kepler Capital Markets

Last updated on Sunday, October 18, 2020 | 2020 MarketBeat

ABB (NYSE:ABB)'s stock had its "buy" rating restated by investment analysts at Kepler Capital Markets in a research note issued to investors on Sunday, AnalystRatings.com reports.

Several other analysts have also commented on ABB. JPMorgan Chase & Co. reissued an "underweight" rating on shares of ABB in a research note on Thursday, July 23rd. Royal Bank of Canada reissued a "sector perform" rating on shares of ABB in a research note on Friday, July 24th. Morgan Stanley reaffirmed an "underweight" rating on shares of ABB in a research report on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of ABB in a research report on Thursday, July 23rd. Finally, TheStreet raised ABB from a "c+" rating to a "b" rating in a research report on Thursday, September 3rd. Five equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. ABB has an average rating of "Hold" and a consensus price target of $22.00.

ABB opened at $26.74 on Friday. The business has a 50 day moving average price of $25.91 and a two-hundred day moving average price of $22.50. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.19 and a quick ratio of 1.00. The company has a market capitalization of $57.98 billion, a price-to-earnings ratio of 37.14, a price-to-earnings-growth ratio of 5.40 and a beta of 1.06. ABB has a 1-year low of $14.71 and a 1-year high of $27.04.

ABB (NYSE:ABB) last announced its earnings results on Wednesday, July 22nd. The industrial products company reported $0.22 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.10 by $0.12. ABB had a return on equity of 18.45% and a net margin of 5.83%. The business had revenue of $6.15 billion during the quarter. Equities analysts expect that ABB will post 0.81 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Coastline Trust Co increased its holdings in shares of ABB by 51.9% during the 3rd quarter. Coastline Trust Co now owns 42,680 shares of the industrial products company's stock valued at $1,086,000 after acquiring an additional 14,580 shares during the last quarter. Steigerwald Gordon & Koch Inc. grew its holdings in ABB by 1.8% during the third quarter. Steigerwald Gordon & Koch Inc. now owns 327,671 shares of the industrial products company's stock valued at $8,339,000 after purchasing an additional 5,815 shares during the last quarter. Mountain Capital Investment Advisors Inc bought a new position in shares of ABB in the third quarter valued at approximately $355,000. Scout Investments Inc. lifted its stake in shares of ABB by 2.4% in the third quarter. Scout Investments Inc. now owns 112,252 shares of the industrial products company's stock worth $2,857,000 after buying an additional 2,611 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of ABB by 6.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 573,999 shares of the industrial products company's stock worth $14,608,000 after buying an additional 32,431 shares during the period. Institutional investors own 3.66% of the company's stock.

About ABB

ABB Ltd manufactures and sells electrification, industrial automation, and robotics and motion products for customers in utilities, industry and transport, and infrastructure worldwide. Its Electrification Products segment provides electric vehicle charging infrastructure, solar power solutions, modular substation packages, distribution automation products, switchboard and panel boards, switchgears, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions.

Read More: How to Trade Using Analysts Ratings

Analyst Recommendations for ABB (NYSE:ABB)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

8 Artificial Intelligence Stocks That Will Make You Feel Like a Smart Investor

In 2018, it was cannabis. In 2019, it was 5G. And yet before either of those trends, artificial intelligence (or AI) was growing relentlessly and undeniably.

Artificial intelligence stems from the simple fact that computers are getting smarter. And they are being designed to process information faster. The words “machine learning” are being used to summarize the creation of algorithms, freed from human programmers, which train themselves on massive data sets. Earlier this year, two separate artificial intelligence “machines” demonstrated the ability to “read” Wikipedia entries and answer questions better than humans did.

But AI is more than a parlor trick. Chances are at some point today, you’ve experienced a benefit of artificial intelligence. You may have gotten to this page because of an internet search. You may have asked Alexa or your Google Assistant to perform a command. You may have voice-activated your Roomba vacuum. You may have used an AI-powered GPS system to get to wherever you’re reading this.

In the future, you may be hailing an autonomous car. A virtual assistant will be able to place calls for you to make appointments. But instead of sounding like a robot, the assistant will sound human, with an understanding of context and nuance. And those are just two applications. There will be more because the possibilities of artificial intelligence are expansive. But they can also be somewhat chilling. Many of the functions that are performed by humans today may be made obsolete by AI. But that’s a subject for another day.

Right now, you want to know how you can profit from this emerging trend.

You’ve come to the right place. In this special presentation, we will take a look at 8 stocks that can help you profit from the artificial intelligence trend.

View the "8 Artificial Intelligence Stocks That Will Make You Feel Like a Smart Investor".

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.