Price Target Overview of ABB Ltd. (NYSE:ABB)

ABB Ltd. (NYSE:ABB) belonging to the Industrial Products sector has surged 1.33% and closed its last trading session at $21.26.

The company reported its EPS on 10/27/2016. Currently, the stock has a 1 Year Price Target of $21.39.

The consensus recommendation, according to Zacks Investment research, is 2.75. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 2.75 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.75 and 2.75 respectively.

ABB Ltd. on 10/27/2016 reported its EPS as $0.27 with the analysts projecting the EPS of the stock as $0.3. The company beat the analyst EPS Estimate with the difference of $-0.03. This shows a surprise factor of -10%.

Many analysts have provided their estimated foresights on ABB Ltd. Earnings, with 4 analysts believing the company would generate an Average Estimate of $0.3. Whereas they predicted High and Low Earnings Estimate as $0.32 and $0.27 respectively. While in the same Quarter Previous year, the Actual EPS was $0.09.

Analysts are also projecting an Average Revenue Estimate for ABB Ltd. as $9.28 Billion in the Current Quarter. This estimate is provided by 4 analysts. The High Revenue estimate is predicted as 9.59 Billion, while the Low Revenue Estimate prediction stands at 8.7 Billion. The company’s last year sales total was 9.24 Billion.

For the Current Quarter, the growth estimate for ABB Ltd. is 233.3%, while for the Next Quarter the stock growth estimate is 13%. In the past 5 years, the stock showed growth of -5.74% per annum. While for the next 5 years, the growth estimate is 6.2%.

The Company got Upgrade by Morgan Stanley on 12-Dec-16 from Equal-Weight to Overweight.

5 analysts projected Price Targets for ABB Ltd.. The analysts believe that the company stock price could grow as high as $25. The Low Price target projection by analysts is $18 and the Mean Price Target is $21.39.

ABB Ltd. (NYSE:ABB) has the market capitalization of $47.31 Billion. The company rocked its 52-Week High of $22.92 on Oct 6, 2016 and touched its 52-Week Low of $15.74 on Jan 20, 2016. The stock has Return on Assets (ROA) of 4 percent. Return on Equity (ROE) stands at 12.1% and Return on Investment (ROI) of 10.3 percent.

The stock is currently showing YTD performance of 24.82 Percent. The company has Beta Value of 1.23 and ATR value of 0.26. The Weekly and Monthly Volatility stands at 0.92% and 0.87%.

Company profile:

ABB Ltd, headquartered in Zurich, Switzerland, is engaged in providing power and automation technologies for its utility and industrial customers. The Company provides a range of products, systems, solutions and services that are designed to improve power grid reliability, increase industrial productivity and enhance energy efficiency. ABB is focused on power transmission, distribution and power-plant automation and serves electric, gas and water utilities, as well as industrial and commercial customers. Its Power Products division manufactures three categories of products: High-voltage Products, Medium-voltage Products and Transformers. The key technologies include high- and medium-voltage switchgear, circuit breakers for various current and voltage levels, power and distribution transformers, as well as sensors and products to automate and control electrical and other utility networks. ABB Ltd is structured into four regions: Europe, the Americas, Asia and the Middle East and Africa (MEA).