Several other equities analysts have also recently issued reports on the company. UBS Group cut to a neutral rating and raised their price objective for the stock from GBX 3,300 ($43.12) to GBX 3,500 ($45.73) in a research note on Tuesday, June 25th. Berenberg Bank upgraded to a buy rating and raised their price objective for the stock from GBX 560 ($7.32) to GBX 590 ($7.71) in a research note on Thursday, July 4th. Oddo Bhf set a €44.50 ($51.74) price objective on Alstom and gave the stock a buy rating in a research note on Friday, May 17th. Kepler Capital Markets set a €45.50 ($52.91) target price on Alstom and gave the stock a buy rating in a research report on Friday, June 21st. Finally, Deutsche Bank reaffirmed a hold rating and issued a GBX 350 ($4.57) target price on shares of in a research report on Friday, July 5th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Alstom has a consensus rating of Buy and a consensus price target of €43.76 ($50.88).
Shares of ALO opened at €37.74 ($43.88) on Thursday. The stock’s fifty day moving average price is €41.22. Alstom has a 12-month low of €25.65 ($29.83) and a 12-month 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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