Analysts Set Alstom SA (ALO) Target Price at $37.11

Alstom SA (EPA:ALO) has been assigned an average rating of “Hold” from the eleven brokerages that are covering the company, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is €37.11 ($45.81).

A number of research firms recently issued reports on ALO. UBS Group set a €43.00 ($53.09) price target on shares of Alstom and gave the company a “buy” rating in a research note on Wednesday, October 11th. Morgan Stanley set a €34.10 ($42.10) price target on shares of Alstom and gave the company a “neutral” rating in a research note on Wednesday, December 13th. Kepler Capital Markets set a €42.00 ($51.85) price target on shares of Alstom and gave the company a “buy” rating in a research note on Wednesday, January 17th. Deutsche Bank set a €39.00 ($48.15) price target on shares of Alstom and gave the company a “neutral” rating in a research note on Thursday, November 16th. Finally, Societe Generale set a €43.00 ($53.09) price target on shares of Alstom and gave the company a “buy” rating in a research note on Thursday, January 18th.

Alstom (ALO) traded down €0.56 ($0.69) during mid-day trading on Friday, hitting €33.70 ($41.60). 936,015 shares of the stock traded hands, compared to its average volume of 618,489. Alstom has a 1 year low of €24.91 ($30.75) and a 1 year high of €37.37 ($46.14). The stock has a market capitalization of $7,480.00 and a P/E ratio of 23.08.

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Alstom Company Profile

Alstom SA (Alstom) offers rail transport equipment, systems, services and signaling for urban, suburban, regional and main line passenger transportation, as well as for freight transportation. The Company’s portfolio includes trains, signaling solutions, integrated systems (including infrastructure) and services.

Analyst Recommendations for Alstom (EPA:ALO)

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