J.P. Morgan analyst Andreas Willi maintained a Sell rating on ABB Ltd (ABB) today and set a price target of $18. The company’s shares opened today at $18.53, close to its 52-week low of $18.05.
According to TipRanks.com, Willi is ranked #3447 out of 5258 analysts.
Currently, the analyst consensus on ABB Ltd is a Hold with an average price target of $20.22.
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ABB Ltd’s market cap is currently $41.19B and has a P/E ratio of 18.46. The company has a Price to Book ratio of 2.73.
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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.