Alstom SA (ALO) Receives €37.11 Consensus Price Target from Brokerages

Alstom SA (EPA:ALO) has received an average rating of “Hold” from the eleven research firms that are presently covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is €37.11 ($45.81).

A number of research firms have weighed in on ALO. Societe Generale set a €43.00 ($53.09) price objective on shares of Alstom and gave the company a “buy” rating in a research note on Thursday, January 18th. Kepler Capital Markets set a €42.00 ($51.85) price objective on shares of Alstom and gave the company a “buy” rating in a research note on Wednesday, January 17th. Morgan Stanley set a €31.10 ($38.40) price objective on shares of Alstom and gave the company a “neutral” rating in a research note on Tuesday, November 14th. UBS Group restated a “buy” rating on shares of Alstom in a research note on Friday, November 17th. Finally, Deutsche Bank set a €39.00 ($48.15) price objective on shares of Alstom and gave the company a “neutral” rating in a research note on Thursday, November 16th.

Shares of Alstom (ALO) traded down €0.33 ($0.41) during midday trading on Friday, reaching €33.91 ($41.86). 1,160,000 shares of the company were exchanged, compared to its average volume of 591,088. Alstom has a one year low of €24.91 ($30.75) and a one year high of €37.37 ($46.14). The stock has a market cap of $7,530.00 and a PE ratio of 23.23.

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Alstom Company Profile

Alstom SA (Alstom) offers rail transport equipment, systems, services and signaling for urban, suburban, regional and main line passenger transportation, as well as for freight transportation. The Company’s portfolio includes trains, signaling solutions, integrated systems (including infrastructure) and services.

Analyst Recommendations for Alstom (EPA:ALO)

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