Goldman Sachs Group set a €47.00 ($54.65) price target on Alstom (EPA:ALO) in a research report sent to investors on Friday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other analysts have also commented on ALO. UBS Group restated a buy rating on shares of Alstom in a report on Thursday, August 22nd. Credit Suisse Group set a €37.00 ($43.02) price objective on shares of Alstom and gave the stock a neutral rating in a report on Monday, August 19th. Kepler Capital Markets set a €45.50 ($52.91) price objective on shares of Alstom and gave the stock a buy rating in a report on Friday, June 21st. JPMorgan Chase & Co. restated a buy rating on shares of Alstom in a report on Friday, September 6th. Finally, Deutsche Bank set a €37.00 ($43.02) price objective on shares of Alstom and gave the stock a neutral rating in a report on Friday, July 19th. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Alstom presently has an average rating of Buy and a consensus price target of €43.44 ($50.51).
Alstom stock opened at €38.29 ($44.52) on Friday. The business’s 50-day moving average price is €38.75. Alstom has a 1-year low of €25.65 ($29.83) and a 1-year high of €37.37 ($43.45).
Alstom SA develops and markets systems, equipment, and services for the transport sector in Europe, the Americas, Asia and Pacific, the Middle-East, and Africa. The company offers metros, tramways, tram-trains, suburban trains, regional trains, high-speed trains, and passengers and freight locomotives; and signaling products, such as rail control systems, security and control, trackside, and interlocking products.
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