According to The Fly, in a report released yesterday, Guillermo Lojo from UBS maintained a Hold rating on ABB Ltd (ABB). The company’s shares closed yesterday at $19.10, close to its 52-week low of $18.74.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ABB Ltd.
See today’s analyst top recommended stocks >>
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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
