Alstom SA Given New €28.00 Price Target at Natixis (ALO)
Equities researchers at Natixis cut their price target on shares of Alstom SA (EPA:ALO) from €34.00 ($45.95) to €28.00 ($37.84) in a research report issued on Friday, StockRatingsNetwork reports. The firm currently has a “neutral” rating on the stock.
Alstom SA (EPA:ALO) traded down 1.84% during mid-day trading on Friday, hitting €25.05. 1,597,482 shares of the company’s stock traded hands. Alstom SA has a 52 week low of €24.105 and a 52 week high of €35.78. The stock’s 50-day moving average is €26.71 and its 200-day moving average is €28.58. The company has a market cap of €7.725 billion and a P/E ratio of 9.49.
Alstom SA is a France-based company that specializes in the manufacture of transport and energy infrastructure.
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