Kepler Capital analyst William Mackie maintained a Hold rating on ABB Ltd (ABBNY – Research Report) on April 18 and set a price target of CHF42.00. The company’s shares closed yesterday at $49.13.
Mackie covers the Industrials sector, focusing on stocks such as ABB Ltd, Siemens Energy, and Nordex. According to TipRanks, Mackie has an average return of 4.6% and a 58.82% success rate on recommended stocks.
ABB Ltd has an analyst consensus of Hold, with a price target consensus of $48.04.
ABBNY market cap is currently $90.85B and has a P/E ratio of 25.03.
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ABB Ltd (ABBNY) Company Description:
Switzerland-based ABB Ltd. manufactures and sells electrification, industrial automation, and robotics and motion products for customers in utilities, industry and transport, and infrastructure worldwide. It generates revenues from the following business areas: Electrification, Industrial Automation, Motion, Robotics & Discrete Automation and Corporate and Other.
