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).
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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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