Alstom SA (ALO) Receives Consensus Rating of “Hold” from Brokerages
Alstom SA (EPA:ALO) has received a consensus recommendation of “Hold” from the eleven analysts that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and five have issued a buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is €30.65 ($35.24).
ALO has been the subject of a number of recent research reports. UBS AG set a €30.00 ($34.48) price objective on shares of Alstom SA and gave the company a “buy” rating in a research report on Thursday, May 4th. J P Morgan Chase & Co reissued a “buy” rating on shares of Alstom SA in a research report on Wednesday, April 12th. S&P Global set a €35.00 ($40.23) price objective on shares of Alstom SA and gave the company a “buy” rating in a research report on Friday, May 5th. Barclays PLC set a €33.00 ($37.93) price objective on shares of Alstom SA and gave the company a “buy” rating in a research report on Tuesday, May 9th. Finally, Deutsche Bank AG set a €28.00 ($32.18) price objective on shares of Alstom SA and gave the company a “neutral” rating in a research report on Friday, May 12th.
Shares of Alstom SA (EPA:ALO) opened at 31.09 on Tuesday. Alstom SA has a 52-week low of €20.66 and a 52-week high of €32.13. The firm’s 50 day moving average price is €31.03 and its 200 day moving average price is €27.88. The stock has a market cap of €6.83 billion and a P/E ratio of 23.99.
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About Alstom SA
Alstom SA (Alstom) offers rail transport equipment, systems, services and signaling for urban, suburban, regional and main line passenger transportation, as well as for freight transportation. The Company’s portfolio includes trains, signaling solutions, integrated systems (including infrastructure) and services.
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