Alstom (ALO) Given a €34.10 Price Target at Morgan Stanley

Alstom (EPA:ALO) received a €34.10 ($42.10) price target from investment analysts at Morgan Stanley in a research note issued to investors on Monday. The firm presently has a “neutral” rating on the stock. Morgan Stanley’s price objective would suggest a potential downside of 1.59% from the company’s current price.

Several other equities analysts have also recently issued reports on ALO. Kepler Capital Markets set a €43.00 ($53.09) price target on Alstom and gave the company a “buy” rating in a research report on Monday. UBS set a €43.00 ($53.09) target price on Alstom and gave the stock a “buy” rating in a research report on Wednesday, March 21st. Finally, Societe Generale set a €43.00 ($53.09) target price on Alstom and gave the stock a “buy” rating in a research report on Thursday, January 18th. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of €36.92 ($45.58).

Shares of Alstom (EPA:ALO) traded down €0.06 ($0.07) during mid-day trading on Monday, reaching €34.65 ($42.78). The company had a trading volume of 1,100,000 shares, compared to its average volume of 713,618. The firm has a market cap of $7,700.00 and a PE ratio of 23.73. Alstom has a 1 year low of €25.65 ($31.67) and a 1 year high of €37.37 ($46.14).

COPYRIGHT VIOLATION WARNING: This article was originally posted by Ticker Report and is owned by of Ticker Report. If you are viewing this article on another publication, it was copied illegally and republished in violation of United States and international copyright legislation. The original version of this article can be read at https://www.tickerreport.com/banking-finance/3302337/alstom-alo-given-a-34-10-price-target-at-morgan-stanley.html.

About Alstom

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.

Analyst Recommendations for Alstom (EPA:ALO)

Receive News & Ratings for Alstom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alstom and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Liberty Oilfield Services  Getting Somewhat Positive Press Coverage, Report Shows
Liberty Oilfield Services Getting Somewhat Positive Press Coverage, Report Shows
Somewhat Favorable News Coverage Somewhat Unlikely to Affect STAG Industrial  Share Price
Somewhat Favorable News Coverage Somewhat Unlikely to Affect STAG Industrial Share Price
Tenneco  Receives Daily News Sentiment Score of 0.13
Tenneco Receives Daily News Sentiment Score of 0.13
Aegion  & Preformed Line Products  Critical Review
Aegion & Preformed Line Products Critical Review
Chicago Bridge & Iron  Stock Rating Reaffirmed by Robert W. Baird
Chicago Bridge & Iron Stock Rating Reaffirmed by Robert W. Baird
Stifel Nicolaus Reiterates $18.00 Price Target for Marathon Oil
Stifel Nicolaus Reiterates $18.00 Price Target for Marathon Oil


© 2006-2018 Ticker Report. Google+.