Alstom (ALO) Given a €44.00 Price Target by Deutsche Bank Analysts
Alstom (EPA:ALO) has been assigned a €44.00 ($51.16) price target by research analysts at Deutsche Bank in a research report issued on Monday. The brokerage presently has a “buy” rating on the stock. Deutsche Bank’s target price indicates a potential upside of 26.98% from the stock’s current price.
ALO has been the subject of several other research reports. BNP Paribas set a €43.00 ($50.00) price objective on Alstom and gave the company a “neutral” rating in a research note on Wednesday, July 11th. UBS Group set a €48.00 ($55.81) target price on shares of Alstom and gave the company a “buy” rating in a research report on Wednesday, October 3rd. Societe Generale set a €45.00 ($52.33) target price on shares of Alstom and gave the company a “buy” rating in a research report on Thursday, July 19th. Citigroup set a €40.00 ($46.51) target price on shares of Alstom and gave the company a “neutral” rating in a research report on Thursday, September 27th. Finally, Cfra set a €42.00 ($48.84) target price on shares of Alstom and gave the company a “neutral” rating in a research report on Friday, July 20th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of €43.01 ($50.01).
Alstom stock opened at €34.65 ($40.29) on Monday. Alstom has a 1 year low of €25.65 ($29.83) and a 1 year high of €37.37 ($43.45).
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.
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