Published on 23 Dec 2023 on Simply Wall St. via Yahoo Finance
Let's talk about the popular ABB Ltd (VTX:ABBN). The company's shares led the SWX gainers with a relatively large price hike in the past couple of weeks. The recent jump in the share price has meant that the company is trading at close to its 52-week high. As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, could the stock still be trading at a relatively cheap price? Today we will analyse the most recent data on ABB’s outlook and valuation to see if the opportunity still exists.
Check out our latest analysis for ABB
Is ABB Still Cheap?