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ABB - Abb News Story

$34.11 0.3  1.0%

Last Trade - 07/05/21

Large Cap
Market Cap £49.21bn
Enterprise Value £50.49bn
Revenue £19.19bn
Position in Universe 188th / 6858

BUZZ-Top of the Street: Leonardo, TF1, ABB

Tue 6th April, 2021 12:53pm
A round-up of notable broker activity this morning from Europe's
top-ranked* analysts:
    ** Morgan Stanley upgrades Milan-listed defence group
Leonardo  LDOF.MI  to "overweight" from "equal weight", citing
profitability from the company's key programmes
    ** Goldman Sachs raises French broadcaster TF1  TFFP.PA  to
"buy" from "neutral", saying the stock has lagged 16% behind its
TV peers since early Nov., despite an outlook for strong
earnings recovery*:nL8N2LZ1G9
    ** The same broker reinstates Swiss industrial group ABB
 ABBN.S  with a "buy" rating, saying that ABB offers "the most
attractive payback to shareholders over the next two years in
the sector"
(*Analyst rankings from Thomson Reuters StarMine. The scale is
from 1-star to 5-star with 5 being the best. Analysts are ranked
on earnings accuracy as well as relative performance of
recommendations over trailing 12-month & 24-month periods.)

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