Alstom SA (EPA:ALO) Given Average Rating of “Buy” by Analysts

Alstom SA (EPA:ALO) has received an average recommendation of “Buy” from the ten brokerages that are currently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is €43.58 ($50.67).

Several research analysts recently weighed in on ALO shares. Morgan Stanley set a $165.00 target price on Caterpillar and gave the stock a “buy” rating in a research note on Wednesday, April 10th. Oddo Bhf set a €44.50 ($51.74) price target on Alstom and gave the company a “buy” rating in a research note on Friday, May 17th. Deutsche Bank boosted their price target on Union Pacific from $197.00 to $206.00 and gave the company a “buy” rating in a research note on Friday. UBS Group downgraded to a “neutral” rating and boosted their price target for the company from GBX 3,300 ($43.12) to GBX 3,500 ($45.73) in a research note on Tuesday, June 25th. Finally, Kepler Capital Markets set a €45.50 ($52.91) price target on Alstom and gave the company a “buy” rating in a research note on Friday, June 21st.

ALO stock traded up €0.35 ($0.41) on Friday, hitting €37.74 ($43.88). 410,019 shares of the company’s stock were exchanged, compared to its average volume of 713,618. Alstom has a 12-month low of €25.65 ($29.83) and a 12-month high of €37.37 ($43.45). The stock’s 50 day simple moving average is €41.22.



Alstom Company Profile

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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