ABB : Un redressement progressif en vue en 2021, mais le consensus a des attentes élevées : nous restons en Sous-performance
>OC relevé de 21.0 CHF à 22.0 CHF. Sous-performance maintenu - Notre OC passe à 21.0 CHF à 22.0 CHF (24.5 $) suite à nos révisions (il est basé sur les DCF). Nous restons toutefois prudents car la nature cyclique des métiers d’ABB et son exposition à de nombreux marchés en déroute (O&G, power gen fossile, croisières,...) pourraient peser longuement. Le titre est cher (consensus 2021 : 20x en VE/EBIT et 15x en VE/EBITDA), intégrant largement les annonces du nouveau PDG...ABB specializes in power and automation technologies. Co. provides a broad range of products, systems, solutions and services that are designed to boost industrial productivity, increase power grid reliability, and enhance energy efficiency. Co.'s automation businesses serve a full range of industries with process optimization, control, measurement and protection applications. Co.'s power businesses focus on power transmission, distribution and power-plant automation, and support electric, gas and water utilities, as well as industrial and commercial customers.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.