Alstom SA (ALO) Receives €43.68 Average PT from Analysts

Shares of Alstom SA (EPA:ALO) have been given an average rating of “Buy” by the thirteen brokerages that are presently covering the firm, MarketBeat reports. Five analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is €43.68 ($50.79).

A number of research firms recently issued reports on ALO. Deutsche Bank set a €42.00 ($48.84) price objective on Alstom and gave the stock a “neutral” rating in a report on Friday, May 10th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Alstom in a report on Thursday, April 11th. Oddo Bhf set a €44.50 ($51.74) price objective on Alstom and gave the stock a “buy” rating in a report on Friday, May 17th. Morgan Stanley set a €42.80 ($49.77) price target on Alstom and gave the company a “neutral” rating in a research report on Wednesday, April 10th. Finally, UBS Group set a €45.00 ($52.33) price target on Alstom and gave the company a “buy” rating in a research report on Wednesday, April 10th.

EPA:ALO opened at €40.01 ($46.52) on Friday. Alstom has a 52-week low of €25.65 ($29.83) and a 52-week high of €37.37 ($43.45).

Alstom Company Profile

Alstom SA develops and markets systems, equipment, and services for the transport sector in Europe, the Americas, Asia and Pacific, the Middle-East, and Africa. The company offers metros, tramways, tram-trains, suburban trains, regional trains, high-speed trains, and passengers and freight locomotives; and signaling products, such as rail control systems, security and control, trackside, and interlocking products.

See Also: Cost of Capital

Analyst Recommendations for Alstom (EPA:ALO)

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