SWX:ABBNElectrical
ABB (SWX:ABBN) Valuation Check After IE6 Motor Launch And $200 Million Grid Investment
ABB (SWX:ABBN) has put fresh attention on its stock after unveiling an IE6 hyper efficiency motor for hazardous areas and outlining a $200 million program to expand medium voltage manufacturing across Europe.
See our latest analysis for ABB.
The recent IE6 motor launch and the $200 million medium voltage expansion have landed against a strong backdrop, with ABB’s share price at CHF81.34 and a 30 day share price return of 9.53%, while the 1 year total shareholder return of 73.45% and 5 year...