AlphaValue Reiterates “Buy” Rating for Alstom SA (ALO)

Alstom SA (EPA: ALO)‘s stock had its “buy” rating restated by AlphaValue in a research note issued on Monday, Analyst Ratings Network reports. They currently have a €42.10 ($54.68) price objective on the stock.

Alstom SA (EPA: ALO) opened at 29.25 on Monday. Alstom SA has a 52-week low of €22.705 and a 52-week high of €35.78. The stock’s 50-day moving average is currently €28.56. The company has a market cap of €9.014 billion and a price-to-earnings ratio of 11.03.

Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Alstom SA in a research note to investors on Thursday, May 23rd. They now have a €30.00 ($38.96) price target on the stock. Separately, analysts at BNP Paribas reiterated a “neutral” rating on shares of Alstom SA in a research note to investors on Tuesday, May 21st. They now have a €30.00 ($38.96) price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of Alstom SA in a research note to investors on Wednesday, May 8th. They now have a €34.00 ($44.16) price target on the stock.

Two research analysts have rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of €35.47 ($46.06).

Alstom SA is a France-based company that specializes in the manufacture of transport and energy infrastructure.

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