ALSTOM (ALSMY) Upgraded to “Buy” by Zacks Investment Research
ALSTOM (OTCMKTS:ALSMY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday. The firm presently has a $4.75 target price on the transportation company’s stock. Zacks Investment Research‘s price target points to a potential upside of 12.03% from the stock’s previous close.
According to Zacks, “Alstom SA develops and markets systems, equipment and services for the railway sector. Its product includes bogies, traction systems, electrification, track laying and urban integrated solution. It also offers services such as parts and repairs, maintenance, customisation, modernisation and support services. Alstom SA is headquartered in France. “
Shares of ALSTOM (OTCMKTS ALSMY) traded down $0.01 during mid-day trading on Wednesday, hitting $4.24. 320 shares of the stock were exchanged, compared to its average volume of 2,914. ALSTOM has a 12 month low of $2.64 and a 12 month high of $4.28. The company has a current ratio of 1.06, a quick ratio of 0.92 and a debt-to-equity ratio of 0.40.
Alstom SA, through with its subsidiaries, designs, develops, and markets various rail transport products and systems in Europe, the Americas, Asia and Pacific, the Middle-East, and Africa. It offers trains, such as metros, tramways, tram-trains, suburban trains, regional trains, high-speed trains, and passengers and freight locomotives; and signaling products, including rail control systems, security and control, trackside, and interlocking products.
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