ABB Ltd (ABB) Gets a Sell Rating from J.P. Morgan

By Carrie Williams

In a report released today, Andreas Willi from J.P. Morgan maintained a Sell rating on ABB Ltd (ABBResearch Report). The company’s shares opened today at $19.51.

Willi has an average return of 2.4% when recommending ABB Ltd.

According to TipRanks.com, Willi is ranked #3122 out of 5181 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for ABB Ltd with a $22.61 average price target.

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The company has a one-year high of $24.72 and a one-year low of $18.05. Currently, ABB Ltd has an average volume of 2.84M.

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ABB Ltd. is a holding company, which engages in the development and provision of power and automation technologies. It operates through the following business segments: Electrification Products; Robotics and Motion; Industrial Automation; Power Grids; and Corporate and Other.