Stock To Watch: ABB Ltd (NYSE:ABB)


The leading market experts have placed a mean price target of $20.70 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 $0.30 a share for the upcoming quarter and $1.08 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 $20.88, and stock is trading $1.20 points away or +5.76% from its 50-day moving average of $20.88. Further it is trading $2.12 or +10.63% away its 200-day moving average of $19.96. ABB Ltd (NYSE:ABB) 52-week high is $22.36 and the 52-week low is $15.74.

This explains if the stock moves $-0.28, it will post a 52-week high. In event of +40.28% 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 28.64.

The stock last ended the trading session at $22.08 and registered a market cap of $46.96B. 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 3.06.

1 Chart Pattern Every Investor Should Know

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