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Abb Ltd (ABB) [hlAlert]

Rating:
Overweight
ABB
down 4.96 %

Abb Ltd (ABB) rated Overweight with price target $22 by Barclays

Posted on: Friday,  Feb 6, 2015  2:25 PM ET by Barclays

Barclays rated Overweight Abb Ltd (NYSE: ABB) on 02/06/2015, when the stock price was $20.33. Since
then, Abb Ltd has lost 4.97% as of 09/04/2015's recent price of $19.32.
If you would have followed this Barclays's recommendation on ABB, you would have lost 4.96% of your investment in 210 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.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/6/2015 2:25 PM Buy
None
20.33 22.00
as of 8/27/2015
1 Week up  0.15 %
1 Month down  -13.28 %
3 Months down  -12.93 %
1 YTD down  -4.96 %

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