Report
EUR 14.01 For Business Accounts Only

An unfavourable environment weighs on ABB INDIA, which sees a downgrade to Neutral

The independent financial analyst theScreener just requalified the general evaluation of ABB INDIA (IN), active in the Industrial Machinery industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as defensive. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Neutral. As of the analysis date February 11, 2022, the closing price was INR 2,179.25 and its target price was estimated at INR 1,910.58.
Underlying
ABB India

ABB is engaged in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. Co. works with customers to engineer and install networks, facilities and plants with particular emphasis on enhancing efficiency, reliability and productivity for customers who generate, convert, transmit, distribute and consume energy. Co.'s portfolio ranges from switches and sockets to robots, and from large transformers to control systems that manage entire power networks and factories.

Provider
TheScreener
TheScreener

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