ABB (NYSE:ABB) gets downgraded to Hold by DNB Markets

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Analyst Ratings For ABB (NYSE:ABB)

Today, ABB (NYSE:ABB) stock was downgraded by DNB Markets from Buy to Hold.

There are 6 Hold Ratings, 6 Buy Ratings, 3 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on ABB (NYSE:ABB) is Hold with a consensus target price of $20.12 per share, a potential 4.41% upside.

Some recent analyst ratings include

  • 3/4/2019-ABB (NYSE:ABB) gets downgraded to Hold by DNB Markets
  • 2/28/2019-ABB (NYSE:ABB) had its Hold rating reiterated by Jefferies Financial Group
  • 2/28/2019-ABB (NYSE:ABB) had its Hold rating reiterated by Royal Bank of Canada
  • 2/28/2019-ABB (NYSE:ABB) had its Hold rating reiterated by UBS Group
  • 2/28/2019-ABB (NYSE:ABB) had its Sell rating reiterated by JPMorgan Chase & Co.
  • 1/28/2019-ABB (NYSE:ABB) gets downgraded to Sell by Berenberg Bank
  • 1/10/2019-ABB (NYSE:ABB) gets downgraded to Sell by Vertical Research with a price target of $17.00

    About ABB (NYSE:ABB)
    ABB Ltd manufactures and sells electrification, robotics and motion, industrial automation, and power grid products worldwide. Its Electrification Products segment provides modular substation packages, distribution automation products, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions. This segment serves building, data center, rail, wind and solar, food and beverage, marine, and oil and gas industries. The company's Robotics and Motion segment offers robotics, motors, generators, drives, wind converters, components and systems for railways and related services, and digital services for applications in industries, transportation and infrastructure, and utilities. This segment serves machinery manufacturers, process industries, hybrid and batch manufacturers, transportation equipment manufacturers, discrete manufacturing companies, utilities, and customers in the automotive industry. Its Industrial Automation segment provides process and discrete control solutions, advanced process control software and manufacturing execution systems, sensing, measurement and analytical instrumentation and solutions, electric ship propulsion systems, machine and factory automation solutions, and turbochargers, as well as remote monitoring, preventive maintenance, and cybersecurity services. This segment serves companies in the oil and gas, minerals and mining, metals, pulp and paper, chemicals and pharmaceuticals, food and beverage, power generation, and marine industries. The company's Power Grids segment offers turnkey grid integration, transmission systems, and substation solutions; transformers; and circuit breakers, switchgear, and capacitors. This segment serves transmission and distribution operators and owners, as well as utilities and industrial, transportation, and infrastructure customers. ABB Ltd was founded in 1883 and is headquartered in Zurich, Switzerland.

    Recent Trading Activity for ABB (NYSE:ABB)
    Shares of ABB closed the previous trading session at 19,28 −0,30 1,53 % with 19.48 shares trading hands.