ABB traded at 67.78 this Friday October 23rd, decreasing 1.14 or 1.65 percent since the previous trading session. Looking back, over the last four weeks, ABB lost 15.80 percent. Over the last 12 months, its price rose by 14.49 percent. Looking ahead, we forecast ABB to be priced at 66.40 by the end of this quarter and at 62.42 in one year, according to Trading Economics global macro models projections and analysts expectations.
Abb Ltd 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. The Electrification Products segment manufactures and sells products and services including low and medium-voltage switchgear, breakers, switches and control products. The Robotics and Motion segment manufactures and sells motors, generators, variable speed drives and robots and robotics. The Industrial Automation segment develops and sells control and plant optimization systems, and automation products and solutions. The Power Grids segment supplies power and automation products, systems, and service and software solutions.