Alcatel Lucent SA Given Consensus Rating of “Hold” by Brokerages (EU:ALU)
Shares of Alcatel Lucent SA (EU:ALU) have received an average recommendation of “Hold” from the eight brokerages that are presently covering the company, AnalystRatings.NET reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is €3.25 ($4.28).
Alcatel Lucent SA (EU:ALU) traded down 0.59% during mid-day trading on Friday, hitting $3.39. The stock had a trading volume of 1,072,321 shares. Alcatel Lucent SA has a one year low of $2.55 and a one year high of $4.68. The stock has a 50-day moving average of $3.45 and a 200-day moving average of $3.80. The company’s market cap is $9.377 billion.
Separately, analysts at Bernstein upgraded shares of Alcatel Lucent SA to an “outperform” rating in a research note on Thursday.
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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