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Abb Ltd (ABB) [hlAlert]

Rating:
Sell ABB
down 5.53 %

Abb Ltd (ABB) rated Sell by Berenberg

Posted on: Monday,  Sep 7, 2015  8:25 AM ET by Berenberg

Berenberg rated Sell Abb Ltd (NYSE: ABB) on 09/07/2015. Previously Berenberg rated Sell Abb Ltd (NYSE: ABB) on 09/04/2015., when
the stock price was $18.25. Since then, Abb Ltd has gained 5.86% as of 09/04/2015's recent price of $19.32.
If you would have followed the previous Berenberg's recommendation on ABB, you would have lost 5.53% of your investment in 0 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.

Berenberg
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/7/2015 8:25 AM Sell
None
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD down  -4.26 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/4/2015 10:25 AM Sell
None
18.25
5/2/2013 8:25 AM Hold
None
22.20
3/15/2013 9:25 AM Buy
None
23.19

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