Breaking Finance News

Zacks Investment Research downgraded ABB Ltd (ADR) (NYSE:ABB) to Hold in a report released today.

Yesterday ABB Ltd (ADR) (NYSE:ABB) traded 0.00% even at $25.27. The company’s 50-day moving average is $23.40 and its 200-day moving average is $23.98. The last closing price is up 1.88% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. 996,615 shares of the stock traded hands, down from an average trading volume of 1,760,020

Zacks Investment Research has downgraded ABB Ltd (ADR) (NYSE:ABB) to Hold in a report released on Wednesday June 21, 2017.

See Chart Below

ABB Ltd (ADR) (NYSE:ABB)

ABB Ltd (ADR) has a 52 week low of $20.26 and a 52 week high of $25.83 with a P/E ratio of 23.54 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 5 brokers have issued a research note on the company. The average stock price target is $19.40 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 4 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About ABB Ltd (ADR) (NYSE:ABB)

ABB Ltd (ABB) is a holding company. The Company's segments include Electrification Products, Robotics and Motion, Industrial Automation, Power Grids, and Corporate and Other. It operates through four divisions: Electrification Products, Robotics and Motion, Industrial Automation and Power Grids. It is engaged in serving customers in utilities, industry and transport and infrastructure. The Electrification Products segment manufactures and sells products and services including low and medium-voltage switchgear, breakers, switches and control products. The Robotics and Motion segment manufactures and sells motors, generators, variable speed drives and robots and robotics. The Industrial Automation segment develops and sells control and plant optimization systems, and automation products and solutions. The Power Grids segment supplies power and automation products, systems, and service and software solutions.

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.

Leave a Reply

Your email address will not be published. Required fields are marked *