Kepler Cheuvreux raises ABB to 'buy' on strong balance sheet

Abb

27/01/2026 08:40

** Kepler Cheuvreux upgrades Switzerland's ABB ABBN.S to "buy" from "hold" as the broker says the electrical equipment company's balance sheet should be one of the sector's strongest by year-end

** The broker says the strong balance sheet should support accelerated value accretive M&A and organic investments

** It should also mean higher dividends and share buybacks, Kepler Cheuvreux says

** Of 31 analysts who cover the stock, 10 rate the stock "strong buy" or "buy", 18 rate the stock "hold" and three rate the stock "sell" - LSEG data

** Shares in ABB were up 1.3% at 08:27 GMT, top of Swiss blue chip index .SSMI

 (Reporting by Bernadette Hogg)

 ((bernadette.hogg@thomsonreuters.com))