Deutsche Bank set a €37.00 ($43.02) price target on Alstom (EPA:ALO) in a report published on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other analysts also recently issued reports on the company. Credit Suisse Group set a €37.00 ($43.02) price target on Alstom and gave the stock a neutral rating in a research note on Monday, August 19th. UBS Group set a €45.00 ($52.33) price target on Alstom and gave the stock a buy rating in a research note on Monday, September 23rd. Goldman Sachs Group set a €47.00 ($54.65) price target on Alstom and gave the stock a buy rating in a research note on Friday, September 13th. Berenberg Bank set a €48.00 ($55.81) price target on Alstom and gave the stock a buy rating in a research note on Thursday, July 4th. Finally, Kepler Capital Markets set a €45.50 ($52.91) price target on Alstom and gave the stock a buy rating in a research note on Friday, June 21st. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of Buy and a consensus price target of €43.68 ($50.79).
ALO opened at €37.34 ($43.42) on Monday. The business’s 50-day moving average is €37.98. Alstom has a 52-week low of €25.65 ($29.83) and a 52-week 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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