Alstom (EPA:ALO)‘s stock had its “buy” rating reiterated by equities researchers at UBS in a research note issued on Friday, November 17th, www.boersen-zeitung.de reports.
ALO has been the topic of several other research reports. Barclays set a €40.00 ($47.62) price objective on Alstom and gave the company a “buy” rating in a research note on Friday, October 6th. Kepler Capital Markets set a €42.00 ($50.00) target price on Alstom and gave the stock a “buy” rating in a research note on Monday, October 2nd. Societe Generale set a €41.00 ($48.81) target price on Alstom and gave the stock a “buy” rating in a research note on Friday, September 29th. Deutsche Bank set a €38.00 ($45.24) target price on Alstom and gave the stock a “neutral” rating in a research note on Tuesday, October 10th. Finally, J P Morgan Chase & Co reissued a “buy” rating on shares of Alstom in a research report on Monday, July 24th. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of €36.37 ($43.30).
Alstom (EPA ALO) traded up €0.60 ($0.71) during midday trading on Friday, hitting €34.79 ($41.42). 628,599 shares of the stock traded hands, compared to its average volume of 692,530. Alstom has a twelve month low of €24.91 ($29.65) and a twelve month high of €36.50 ($43.45).
Alstom SA, through with its subsidiaries, designs, develops, and markets various rail transport products and systems in Europe, the Americas, Asia and Pacific, the Middle-East, and Africa. It offers trains, such as metros, tramways, tram-trains, suburban trains, regional trains, high-speed trains, and passengers and freight locomotives; and signaling products, including rail control systems, security and control, trackside, and interlocking products.
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