Alstom ADR (OTCMKTS:ALSMY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Alstom ADR (OTCMKTS:ALSMY) have been assigned a consensus rating of “Moderate Buy” from the five analysts that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company.

Several research firms have commented on ALSMY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alstom in a research report on Tuesday. Citigroup upgraded shares of Alstom from a “neutral” rating to a “buy” rating in a report on Friday, December 5th. Kepler Capital Markets cut Alstom from a “buy” rating to a “hold” rating in a report on Monday, January 5th. Finally, Barclays reiterated an “underweight” rating on shares of Alstom in a research note on Wednesday, December 3rd.

Alstom Stock Down 1.2%

Shares of OTCMKTS:ALSMY opened at $2.94 on Monday. The firm’s 50 day simple moving average is $2.71 and its two-hundred day simple moving average is $2.52. Alstom has a 1-year low of $1.80 and a 1-year high of $3.13.

About Alstom

Alstom is a global leader in the transportation sector, specializing in the design, manufacture and delivery of rail infrastructure, rolling stock and signaling systems. The company’s portfolio includes high-speed trains, regional and commuter trains, metros, trams and e-buses, as well as digital mobility solutions for railway networks. In addition to new equipment, Alstom offers a comprehensive suite of services ranging from maintenance and modernization to spare parts management and on-site support.

Founded in France with roots tracing back to the early 20th century, Alstom has evolved through a series of mergers and acquisitions to become one of the world’s largest rail transport equipment suppliers.