Alcatel Lucent SA (ADR) (ALU) to Release Quarterly Earnings on Friday
Alcatel Lucent SA (ADR) (NYSE:ALU) will be announcing its Q114 earnings results on Friday, May 9th. Analysts expect the company to announce earnings of ($0.07) per share and revenue of $4.30 billion for the quarter.
Shares of Alcatel Lucent SA (NYSE:ALU) opened at 3.92 on Thursday. Alcatel Lucent SA has a one year low of $1.42 and a one year high of $4.68. The stock has a 50-day moving average of $3.87 and a 200-day moving average of $4.08. The company’s market cap is $10.806 billion.
A number of research firms have recently commented on ALU. Analysts at Zacks reiterated a “neutral” rating on shares of Alcatel Lucent SA (ADR) in a research note on Friday, April 4th. They now have a $4.25 price target on the stock. On the ratings front, analysts at Natixis upgraded shares of Alcatel Lucent SA (ADR) from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 2nd. Finally, analysts at BMO Capital Markets upgraded shares of Alcatel Lucent SA (ADR) from a “market perform” rating to an “outperform” rating in a research note on Monday, March 10th. They now have a $5.50 price target on the stock, up previously from $5.00. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $4.28.
Alcatel Lucent SA is a France based company that proposes solutions used by service providers, businesses, and governments worldwide to offer voice, data, and video services to their own customers.
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