Alcatel-Lucent SA Rating Reiterated by Credit Suisse (ALU)

Alcatel-Lucent SA (EPA: ALU)‘s stock had its “neutral” rating reiterated by investment analysts at Credit Suisse in a note issued to investors on Wednesday, Stock Ratings Network.com reports. They currently have a €1.25 ($1.62) price target on the stock.

Shares of Alcatel-Lucent SA (EPA: ALU) traded up 0.29% during mid-day trading on Wednesday, hitting €1.364. Alcatel-Lucent SA has a 52 week low of €0.71 and a 52 week high of €1.438. The stock’s 50-day moving average is currently €0.89. The company’s market cap is €3.098 billion.

ALU has been the subject of a number of other recent research reports. Analysts at Berenberg Bank reiterated a “sell” rating on shares of Alcatel-Lucent SA in a research note to investors on Wednesday, June 5th. They now have a €0.70 ($0.91) price target on the stock. Separately, analysts at Societe Generale reiterated a “sell” rating on shares of Alcatel-Lucent SA in a research note to investors on Tuesday, May 28th. They now have a €0.65 ($0.84) price target on the stock. Finally, analysts at AlphaValue reiterated a “buy” rating on shares of Alcatel-Lucent SA in a research note to investors on Thursday, May 16th. They now have a €2.27 ($2.95) price target on the stock.

Five equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company’s stock. Alcatel-Lucent SA presently has an average rating of “Hold” and an average target price of €1.02 ($1.32).

Alcatel Lucent SA is a France based company that proposes solutions used by service providers, businesses, and governments worldwide to offer voice, data, and video services to their own customers.

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