ABB Ltd (ADR) (NYSE:ABB) price target bumped up to $25.00, reported earlier today by Zacks Investment Research
- Updated: September 20, 2016
Zacks Investment Research bumped the target stock price of ABB Ltd (ADR) (NYSE:ABB) to $25, stating a possible upside of 0.13%.
Showing a price of $22.19, ABB Ltd (ADR) (NYSE:ABB) traded 0.86% higher on the day. With the last close up 7.91% relative to the 200-day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the date range. ABB Ltd (ADR) has been tracking to a 50-day average of $21.93 and 200-day moving average of $20.55. Trading volume was was down over the average, with 1,061,326 shares of ABB changing hands under the typical 1,718,560 shares.
Recent Performance Chart:
ABB Ltd (ADR) has a P/E of 29 with a one-year low of $15.74 and a 52 week high of $22.78. The company’s market capitalization is currently $0.0.
A total of 5 equity analysts have released a research note on ABB. Zero rate the company a strong buy, 0 rate the stock a buy, four firms rate the stock a hold, one brokerage rate the stock to underperform, and lastly 0 brokeragesrate the stock as sell with an average target stock price of $19.40
About ABB Ltd (ADR) (NYSE:ABB)
ABB Ltd (ABB) is engaged in power and automation technologies. The Company manages its business based on five divisions: Discrete Automation and Motion, Low Voltage Products, Process Automation, Power Products and Power Systems. The Discrete Automation and Motion division provides low-voltage and medium-voltage drive products and systems for industrial, commercial and residential applications. The Process Automation division provides engineered solutions, products and services for process control, safety, instrumentation, plant electrification and energy management. The Power Products division offers a portfolio of products and services to facilitate power generation, transmission and distribution. The Power Systems division offers solutions for power and water plants, grid integration and automation, as well as a range of systems and services for the generation, and transmission and distribution of electricity. The Company operates in approximately 100 countries.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.