ABB Ltd (OTCMKTS:ABBNY – Free Report) – Investment analysts at Erste Group Bank boosted their FY2026 earnings estimates for shares of ABB in a report released on Friday, June 5th. Erste Group Bank analyst H. Engel now expects that the industrial products company will post earnings of $3.18 per share for the year, up from their previous forecast of $3.15. The consensus estimate for ABB’s current full-year earnings is $3.60 per share. Erste Group Bank also issued estimates for ABB’s FY2027 earnings at $3.45 EPS.
Several other brokerages have also recently weighed in on ABBNY. Royal Bank Of Canada reiterated a “sector perform” rating on shares of ABB in a research note on Wednesday, May 6th. Citigroup restated a “neutral” rating on shares of ABB in a research report on Thursday, April 23rd. Zacks Research upgraded shares of ABB from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. Berenberg Bank upgraded shares of ABB to a “hold” rating in a research report on Monday, June 1st. Finally, Barclays upgraded shares of ABB from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, ABB presently has a consensus rating of “Hold” and a consensus price target of $58.00.
ABB Price Performance
Shares of ABB stock opened at $98.50 on Thursday. ABB has a twelve month low of $56.25 and a twelve month high of $110.20. The company has a quick ratio of 1.05, a current ratio of 1.38 and a debt-to-equity ratio of 0.43. The company has a 50-day simple moving average of $98.89 and a two-hundred day simple moving average of $86.68. The stock has a market capitalization of $179.58 billion, a price-to-earnings ratio of 36.21, a price-to-earnings-growth ratio of 1.65 and a beta of 1.36.
About ABB
ABB Ltd provides electrification, motion, and automation solutions and products for customers in utilities, industry and transport, and infrastructure in Switzerland, rest of Europe, the Americas, the United States, rest of Asia, the Middle East, Africa, China, and internationally. Its Electrification segment offers renewable power solutions, modular substation packages, distribution automation products, switchboards and panelboards, switchgears, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions.
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