Among 2 analysts covering ABB (NYSE:ABB), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. ABB had 2 analyst reports since September 4, 2018 according to SRatingsIntel. JP Morgan downgraded the stock to âUnderweightâ rating in Monday, December 3 report. The stock of ABB Ltd (NYSE:ABB) has âBuyâ rating given on Tuesday, September 4 by Citigroup. Below is a list of ABB Ltd (NYSE:ABB) latest ratings and price target changes.
03/12/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Underweight Downgrade
04/09/2018 Broker: Citigroup Old Rating: Neutral New Rating: Buy Upgrade
The stock decreased 0.83% or $0.16 during the last trading session, reaching $19.2. About 2.80M shares traded. ABB Ltd (NYSE:ABB) has declined 26.62% since February 11, 2018 and is downtrending. It has underperformed by 26.62% the S&P500.
ABB Ltd manufactures and sells electrification, robotics and motion, power grid, and industrial automation products for utilities, transportation, infrastructure, and industrial clients worldwide. The company has market cap of $40.72 billion. The firm provides modular substation packages, distribution automation products, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, low- and medium-voltage switchgears, switches, DIN rail components, and installation materials for building, data center, rail, wind and solar, food and beverage, marine, and gas and oil industries. It has a 18.27 P/E ratio. It also offers motors, generators, variable speed drives, robots and robotics, solar inverters, wind converters, rectifiers, and excitation systems, as well as power quality and protection solutions, electric vehicle fast charging infrastructure solutions, and components and subsystems for railways, and related services for discrete automation, process industries, transportation, and utilities.
More recent ABB Ltd (NYSE:ABB) news were published by: Seekingalpha.com which released: â5 Power And Pollution Disrupters â Seeking Alphaâ on January 31, 2019. Also Businesswire.com published the news titled: âSight Machine Wins ABB Award for Industrial Automation and Energy Efficiency; Named to 2019 Global Cleantech 100 â Business Wireâ on January 30, 2019. Investorplace.comâs news article titled: â7 of the Best Sector Funds for 2019 â Investorplace.comâ with publication date: January 28, 2019 was also an interesting one.
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