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

Shares of ABB Ltd (NYSE:ABBNY) have earned an average rating of “Moderate Buy” from the six ratings firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a strong buy rating to the company.

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

ABB Stock Down 0.7%

ABB stock opened at $58.36 on Friday. ABB has a fifty-two week low of $45.36 and a fifty-two week high of $59.67. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.99 and a current ratio of 1.37. The company has a market capitalization of $108.59 billion, a P/E ratio of 27.53, a PEG ratio of 2.48 and a beta of 1.16. The stock has a 50-day simple moving average of $54.48 and a 200-day simple moving average of $55.02.

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.