ALSTOM (ALSMY) Upgraded to Buy by Zacks Investment Research

ALSTOM (OTCMKTS:ALSMY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday. The brokerage currently has a $4.75 price target on the transportation company’s stock. Zacks Investment Research‘s target price would indicate a potential upside of 12.03% from the stock’s current price.

According to Zacks, “Alstom SA develops and markets systems, equipment and services for the railway sector. Its product includes bogies, traction systems, electrification, track laying and urban integrated solution. It also offers services such as parts and repairs, maintenance, customisation, modernisation and support services. Alstom SA is headquartered in France. “

ALSTOM (OTCMKTS ALSMY) traded down $0.01 during trading hours on Wednesday, reaching $4.24. 320 shares of the company were exchanged, compared to its average volume of 2,914. ALSTOM has a 52 week low of $2.64 and a 52 week high of $4.28. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.06 and a quick ratio of 0.92.

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About ALSTOM

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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