Goldman Sachs Group Analysts Give Alstom (EPA:ALO) a €48.00 Price Target

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Goldman Sachs Group set a €48.00 ($55.81) price target on Alstom (EPA:ALO) in a report published on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other research firms have also recently commented on ALO. Kepler Capital Markets set a €41.00 ($47.67) price objective on Alstom and gave the company a neutral rating in a research report on Thursday, November 7th. Credit Suisse Group set a €37.00 ($43.02) price objective on Alstom and gave the company a neutral rating in a research report on Monday, August 19th. JPMorgan Chase & Co. set a €43.00 ($50.00) price objective on Alstom and gave the company a buy rating in a research report on Monday, November 11th. UBS Group set a €45.00 ($52.33) price objective on Alstom and gave the company a buy rating in a research report on Monday, September 23rd. Finally, Deutsche Bank set a €37.00 ($43.02) price objective on Alstom and gave the company a neutral rating in a research report on Thursday, November 7th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus target price of €43.33 ($50.38).

Shares of ALO stock opened at €38.31 ($44.55) on Tuesday. The firm’s 50 day moving average is €37.88. Alstom has a twelve month low of €25.65 ($29.83) and a twelve month high of €37.37 ($43.45).

About Alstom

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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Analyst Recommendations for Alstom (EPA:ALO)

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