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Abb Ltd (ABB) [hlAlert]

Rating:
Buy ABB
down 25.05 %

Abb Ltd (ABB) rated Buy by Natixis Bleichroeder

Posted on: Thursday,  Jan 23, 2014  9:25 AM ET by Natixis Bleichroeder

Natixis Bleichroeder rated Buy Abb Ltd (NYSE: ABB) on 01/23/2014, when the stock price was $25.78. Since
then, Abb Ltd has lost 25.06% as of 09/04/2015's recent price of $19.32.
If you would have followed this Natixis Bleichroeder's recommendation on ABB, you would have lost 25.05% of your investment in 589 days.

ABB Ltd (ABB) is a global provider of power and automation technologies to utility and industry customers. The Company?s focus on power transmission, distribution and power-plant automation serves electric, gas and water utilities, as well as industrial and commercial customers. ABB also delivers automation systems that measure, control, protect and optimize plant applications across a range of industries. Its business comprises five divisions: Power Products, Power Systems, Automation Products, Process Automation and Robotics. Its Power Products and Power Systems divisions operate in the power market. Its Automation Products, Process Automation and Robotics divisions operate in the automation market. During the year ended December 31, 2008, the Company sold its 50% stake in the shares of ABB Powertech Transformers, located in South Africa, to Powertech, a wholly owned subsidiary of the Altron Group. In October 2009, ABB Ltd. announced the acquisition of Sinai Engineering Corporation.

Natixis Bleichroeder , a US-registered broker-dealer and subsidiary of Natixis, provides its clients with corporate and investment banking solutions. Natixis is the corporate, investment and financial services arm of Groupe BPCE, France's second-largest banking group. With around 22,000 employees, Natixis specializes in three main business lines: Corporate and Investment Banking, Investment Solutions (asset management, private banking, insurance, private equity) and Specialized Financial Services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/23/2014 9:25 AM Buy
None
25.78
as of 10/17/2014
1 Week up  0.19 %
1 Month down  -11.20 %
3 Months down  -10.31 %
1 YTD down  -20.71 %

(*) Stock Price at the time of the recommendation.
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