Alstom SA (ALO) Receives €43.14 Average PT from Analysts
Shares of Alstom SA (EPA:ALO) have earned a consensus rating of “Buy” from the twelve research firms that are presently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is €43.21 ($50.24).
A number of analysts recently issued reports on ALO shares. JPMorgan Chase & Co. reissued a “buy” rating on shares of Alstom in a research note on Thursday. Berenberg Bank set a €42.00 ($48.84) target price on Alstom and gave the stock a “buy” rating in a research note on Friday, March 8th. UBS Group reissued a “buy” rating and set a target price on shares of Alstom in a research note on Monday, January 14th. Deutsche Bank set a €39.00 ($45.35) target price on Alstom and gave the stock a “buy” rating in a research note on Thursday, February 7th. Finally, Kepler Capital Markets set a €38.50 ($44.77) target price on Alstom and gave the stock a “buy” rating in a research note on Tuesday, January 22nd.
Alstom has a 52 week low of €25.65 ($29.83) and a 52 week 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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