Morgan Stanley Reiterates €34.10 Price Target for Alstom (ALO)

Morgan Stanley set a €34.10 ($40.60) price target on Alstom (EPA:ALO) in a research report released on Wednesday morning. The brokerage currently has a neutral rating on the stock.

A number of other brokerages also recently commented on ALO. UBS reissued a buy rating on shares of Alstom in a research report on Friday, November 17th. Deutsche Bank set a €39.00 ($46.43) price objective on shares of Alstom and gave the company a neutral rating in a research report on Thursday, November 16th. Barclays set a €40.00 ($47.62) price objective on shares of Alstom and gave the company a buy rating in a research report on Friday, October 6th. Kepler Capital Markets set a €42.00 ($50.00) price objective on shares of Alstom and gave the company a buy rating in a research report on Monday, October 2nd. Finally, Societe Generale set a €41.00 ($48.81) price objective on shares of Alstom and gave the company a buy rating in a research report on Friday, September 29th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. Alstom currently has an average rating of Hold and a consensus target price of €36.65 ($43.63).

Shares of Alstom (EPA:ALO) opened at €33.44 ($39.81) on Wednesday. Alstom has a 52-week low of €24.91 ($29.65) and a 52-week high of €36.50 ($43.45).

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Alstom Company Profile

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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