Stock To Watch: ABB Ltd (NYSE:ABB)


The leading market experts have placed a mean price target of $20.59 on ABB Ltd (NYSE:ABB) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.28 a share for the upcoming quarter and $0.97 for the current fiscal. Technical View The technical analysis of ABB Ltd Common Stock plainly substantiates that the 50-day moving average of ABB Ltd Common Stock is $20.41, and stock is hovering -0.88 or -4.29% distant from $20.41. It is noted that the 200-day MA is $19.06, and ABB Ltd Common Stock stock is $0.47 or +2.45% off from this point. ABB Ltd (NYSE:ABB) 52-week high is $21.64 and the 52-week low is $15.74. This explains if the stock moves $-2.11, it will post a 52-week high. In event of $+24.08% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of ABB Ltd Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, ABB Ltd (NYSE:ABB) ratio came in at 23.09. The stock last ended the trading session at $19.53 and registered a market cap of $42.27B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. ABB Ltd (NYSE:ABB) PEG ratio is at 2.92.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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