According to The Fly, kepler Capital analyst William Mackie maintained a Buy rating on ABB Ltd (ABB) yesterday. The company’s shares closed yesterday at $19.75, close to its 52-week low of $18.74.
The the analyst consensus on ABB Ltd is currently a Moderate Buy rating.
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Based on ABB Ltd’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $607 million. In comparison, last year the company had a net profit of $585 million.
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ABB Ltd. is a holding company, which engages in the development and provision of power and automation technologies. It operates through the following business segments: Electrification Products; Robotics and Motion; Industrial Automation; Power Grids; and Corporate and Other.
