Deutsche Bank Analysts Give Alstom (ALO) a €44.00 Price Target

Alstom (EPA:ALO) received a €44.00 ($51.16) target price from equities researchers at Deutsche Bank in a research report issued on Tuesday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Deutsche Bank’s target price indicates a potential upside of 10.33% from the stock’s previous close.

A number of other research firms have also recently commented on ALO. Oddo Bhf set a €44.50 ($51.74) price target on shares of Alstom and gave the stock a “buy” rating in a report on Friday. JPMorgan Chase & Co. set a €43.00 ($50.00) price target on shares of Alstom and gave the stock a “buy” rating in a report on Friday. Morgan Stanley set a €42.80 ($49.77) price target on shares of Alstom and gave the stock a “neutral” rating in a report on Wednesday, April 10th. UBS Group set a €45.00 ($52.33) price target on shares of Alstom and gave the stock a “buy” rating in a report on Wednesday, April 10th. Finally, Kepler Capital Markets set a €43.50 ($50.58) price target on shares of Alstom and gave the stock a “buy” rating in a report on Monday, March 18th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Alstom currently has an average rating of “Buy” and a consensus target price of €43.68 ($50.79).

EPA:ALO opened at €39.88 ($46.37) on Tuesday. Alstom has a 12 month low of €25.65 ($29.83) and a 12 month high of €37.37 ($43.45).

About Alstom

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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Analyst Recommendations for Alstom (EPA:ALO)

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