Alstom (ALSMY) Stock Rating Upgraded by Zacks Investment Research
Alstom (OTCMKTS:ALSMY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday. The firm currently has a $4.50 target price on the transportation company’s stock. Zacks Investment Research‘s target price indicates a potential upside of 13.92% from the company’s current price.
According to Zacks, “Alstom SA develops and markets systems, equipment and services for the railway sector. Its product includes bogies, traction systems, electrification, track laying and urban integrated solution. It also offers services such as parts and repairs, maintenance, customisation, modernisation and support services. Alstom SA is headquartered in France. “
Shares of Alstom (OTCMKTS:ALSMY) opened at $3.95 on Thursday. Alstom has a one year low of $2.64 and a one year high of $4.21. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.06 and a quick ratio of 0.95.
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Alstom SA, through with its subsidiaries, designs, develops, and markets various rail transport products and systems in Europe, the Americas, Asia and Pacific, the Middle-East, and Africa. It offers trains, such as metros, tramways, tram-trains, suburban trains, regional trains, high-speed trains, and passengers and freight locomotives; and signaling products, including rail control systems, security and control, trackside, and interlocking products.
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