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.
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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