Alstom SA PT Raised to €41.60 at Berenberg Bank (ALO)
Equities research analysts at Berenberg Bank upped their price target on shares of Alstom SA (EPA:ALO) from €37.70 ($52.36) to €41.60 ($57.78) in a research note issued to investors on Monday, AnalystRatingsNetwork reports. The firm currently has a “buy” rating on the stock.
Alstom SA (EPA:ALO) traded up 0.31% on Monday, hitting €27.29. The stock had a trading volume of 1,348,459 shares. Alstom SA has a 1-year low of €24.105 and a 1-year high of €35.78. The stock’s 50-day moving average is €26.33 and its 200-day moving average is €27.39. The company has a market cap of €8.416 billion and a price-to-earnings ratio of 10.34.
Separately, analysts at Natixis cut their price target on shares of Alstom SA from €34.00 ($47.22) to €28.00 ($38.89) in a research note to investors on Friday, October 11th. They now have a “neutral” rating on the stock. Two analysts have rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the stock. Alstom SA has a consensus rating of “Hold” and a consensus target price of €35.07 ($48.70).
Alstom SA is a France-based company that specializes in the manufacture of transport and energy infrastructure.
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