ABB Ltd (ABB) Stock Rating Reconfirmed at Jefferies; The $18.0000 Target Indicates -27.74% Potential; Mesa Royalty Trust Has 1 Sentiment

June 16, 2017 - By Henry Gaston

Among 14 analysts covering ABB Ltd (NYSE:ABB), 7 have Buy rating, 2 Sell and 5 Hold. Therefore 50% are positive. ABB Ltd has $25 highest and $18 lowest target. $22.33’s average target is -10.36% below currents $24.91 stock price. ABB Ltd had 27 analyst reports since August 21, 2015 according to SRatingsIntel. The stock of ABB Ltd (ADR) (NYSE:ABB) earned “Sell” rating by Jefferies on Wednesday, April 5. The firm has “Sell” rating by Berenberg given on Friday, September 4. The stock has “Buy” rating by Morgan Stanley on Friday, April 28. Robert W. Baird maintained the stock with “Neutral” rating in Thursday, April 21 report. On Monday, December 12 the stock rating was upgraded by Morgan Stanley to “Overweight”. The stock of ABB Ltd (ADR) (NYSE:ABB) has “Neutral” rating given on Wednesday, October 5 by Robert W. Baird. As per Friday, January 22, the company rating was upgraded by UBS. The stock of ABB Ltd (ADR) (NYSE:ABB) earned “Hold” rating by HSBC on Friday, August 19. Morgan Stanley maintained ABB Ltd (ADR) (NYSE:ABB) on Friday, March 24 with “Buy” rating. As per Wednesday, December 9, the company rating was maintained by Barclays Capital.

Mesa Royalty Trust owns property interests in the Hugoton Area and the San Juan Basin (Northwestern New Mexico and Southwestern Colorado). The company has market cap of $21.34 million. The Trust does not engage in any operations. It has a 11.78 P/E ratio. The gas produced from the Hugoton properties is available for sale on the spot market.

Analysts await ABB Ltd (ADR) (NYSE:ABB) to report earnings on July, 20. They expect $0.30 EPS, 0.00% or $0.00 from last year’s $0.3 per share. ABB’s profit will be $658.89 million for 20.76 P/E if the $0.30 EPS becomes a reality. After $0.28 actual EPS reported by ABB Ltd (ADR) for the previous quarter, Wall Street now forecasts 7.14% EPS growth.

ABB Ltd is a holding company. The Company’s divisions include Electrification Products, Robotics and Motion, Industrial Automation, Power Grids, and Corporate and Other. The company has market cap of $54.71 billion. It operates through four divisions: Electrification Products, Robotics and Motion, Industrial Automation and Power Grids. It has a 25.35 P/E ratio. It is engaged in serving clients in utilities, industry and transport and infrastructure.

The stock decreased 1.07% or $0.27 during the last trading session, reaching $24.91. About 100,050 shares traded. ABB Ltd (ADR) (NYSE:ABB) has risen 23.97% since June 16, 2016 and is uptrending. It has outperformed by 7.27% the S&P500.

The stock decreased 6.15% or $0.8 on June 15, reaching $12.2. About shares traded. Mesa Royalty Trust (MTR) has risen 70.21% since June 16, 2016 and is uptrending. It has outperformed by 53.51% the S&P500.

Lucas Capital Management holds 0.21% of its portfolio in Mesa Royalty Trust for 26,765 shares. Hawkins Capital L.P. owns 23,599 shares or 0.08% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 8,215 shares. The Kansas-based Creative Planning has invested 0% in the stock. Deutsche Bank Ag, a Germany-based fund reported 6,300 shares.