ABB (OTCMKTS:ABBNY) Downgraded to “Hold” Rating by Erste Group Bank

Posted by on Aug 29th, 2026

ABB (OTCMKTS:ABBNY – Get Free Report) was downgraded by equities researchers at Erste Group Bank from a “strong-buy” rating to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

Several other analysts have also recently weighed in on the stock. Zacks Research cut shares of ABB from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Citigroup reiterated a “neutral” rating on shares of ABB in a research report on Thursday, June 18th. Wall Street Zen cut ABB from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. TD Cowen reaffirmed a “hold” rating on shares of ABB in a research note on Tuesday, June 30th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of ABB in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, ABB presently has a consensus rating of “Hold” and an average target price of $58.00.

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ABB Trading Down 0.3%

Shares of ABB stock opened at $98.46 on Thursday. ABB has a 1-year low of $65.42 and a 1-year high of $110.20. The stock has a market cap of $179.51 billion, a P/E ratio of 35.55, a P/E/G ratio of 1.46 and a beta of 1.36. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.43 and a quick ratio of 1.08. The stock’s 50 day simple moving average is $101.38 and its 200-day simple moving average is $97.05.

ABB (OTCMKTS:ABBNY – Get Free Report) last issued its earnings results on Thursday, July 16th. The industrial products company reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.13). ABB had a net margin of 13.86% and a return on equity of 31.25%. The company had revenue of $9.47 billion during the quarter, compared to analysts’ expectations of $9.34 billion. Analysts predict that ABB will post 3.78 EPS for the current fiscal year.

Hedge Funds Weigh In On ABB

An institutional investor recently bought a new position in ABB stock. North Star Asset Management Inc. bought a new stake in ABB Ltd (OTCMKTS:ABBNY – Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 2,205 shares of the industrial products company’s stock, valued at approximately $240,000. 1.06% of the stock is owned by institutional investors and hedge funds.

ABB Company Profile

(Get Free Report)

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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