Media coverage about ABB (NYSE:ABB) has trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ABB earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media headlines about the industrial products company an impact score of 46.6275870019601 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the media headlines that may have impacted Accern’s scoring:

Shares of ABB (NYSE:ABB) traded up $0.16 on Thursday, reaching $25.81. 3,091,389 shares of the company were exchanged, compared to its average volume of 1,917,587. ABB has a one year low of $20.80 and a one year high of $26.48. The company has a market cap of $56,200.00, a price-to-earnings ratio of 20.34, a price-to-earnings-growth ratio of 3.31 and a beta of 1.06. The company has a quick ratio of 1.03, a current ratio of 1.37 and a debt-to-equity ratio of 0.48.

ABB (NYSE:ABB) last announced its quarterly earnings data on Thursday, October 26th. The industrial products company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.04. ABB had a net margin of 6.79% and a return on equity of 18.65%. The company had revenue of $8.72 billion during the quarter, compared to analyst estimates of $8.55 billion. During the same quarter last year, the business posted $0.32 EPS. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. equities analysts predict that ABB will post 1.24 EPS for the current year.

ABB has been the subject of several analyst reports. Goldman Sachs Group upgraded shares of ABB from a “neutral” rating to a “conviction-buy” rating in a report on Tuesday, October 31st. Zacks Investment Research lowered shares of ABB from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th. Deutsche Bank upgraded shares of ABB from a “hold” rating to a “buy” rating in a report on Monday. Robert W. Baird set a $28.00 price objective on shares of ABB and gave the company a “buy” rating in a report on Thursday, August 24th. Finally, Jefferies Group set a $20.00 price objective on shares of ABB and gave the company a “sell” rating in a report on Tuesday, November 28th. Four analysts have rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company. ABB has a consensus rating of “Hold” and an average price target of $24.50.

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About ABB

ABB Ltd (ABB) is a holding company. The Company’s segments include Electrification Products, Robotics and Motion, Industrial Automation, Power Grids, and Corporate and Other. It operates through four divisions: Electrification Products, Robotics and Motion, Industrial Automation and Power Grids. It is engaged in serving customers in utilities, industry and transport and infrastructure.

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