In a report released today, Sebastian Kuenne from RBC Capital maintained a Hold rating on ABB Ltd, with a price target of CHF51.00. The company’s shares closed yesterday at CHF58.46.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Kuenne covers the Industrials sector, focusing on stocks such as GEA Group AG, Wartsila Oyj Abp, and Sandvik AB. According to TipRanks, Kuenne has an average return of 3.3% and a 58.23% success rate on recommended stocks.
In addition to RBC Capital, ABB Ltd also received a Hold from J.P. Morgan’s Phil Buller in a report issued today. However, on October 3, TR | OpenAI – 4o reiterated a Buy rating on ABB Ltd (LSE: 0NX2).
0NX2 market cap is currently CHF107.5B and has a P/E ratio of 29.84.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0NX2 in relation to earlier this year.
Read More on GB:0NX2:
/Super%20Micro%20Computer%20Inc%20logo%20on%20building-by%20Poetra_RH%20via%20Shutterstock.jpg)
