Alstom (EPA:ALO) Share Price Crosses Above 200 Day Moving Average of $0.00

Alstom SA (EPA:ALO)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $40.16. Alstom shares last traded at $39.35, with a volume of 590,576 shares trading hands.

Several brokerages have recently weighed in on ALO. Kepler Capital Markets set a €41.00 ($47.67) target price on shares of Alstom and gave the stock a “neutral” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. set a €43.00 ($50.00) price target on Alstom and gave the company a “buy” rating in a research report on Monday, November 11th. Deutsche Bank set a €37.00 ($43.02) price target on Alstom and gave the company a “neutral” rating in a research report on Thursday, November 7th. Goldman Sachs Group set a €49.00 ($56.98) price objective on Alstom and gave the company a “buy” rating in a research note on Tuesday. Finally, UBS Group set a €45.00 ($52.33) price objective on Alstom and gave the stock a “buy” rating in a research report on Monday, September 23rd. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of €43.03 ($50.04).

The company has a 50 day simple moving average of €38.55.

About Alstom (EPA:ALO)

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.

See Also: What is the Stochastic Momentum Index (SMI)?

Receive News & Ratings for Alstom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alstom and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit