Alstom SA (ALO) Given Consensus Rating of “Buy” by Brokerages

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Alstom SA (EPA:ALO) has been given a consensus recommendation of “Buy” by the ten research firms that are presently covering the company, MarketBeat reports. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is €43.01 ($50.01).

A number of brokerages have issued reports on ALO. UBS Group set a €48.00 ($55.81) price objective on Alstom and gave the company a “buy” rating in a report on Thursday. Deutsche Bank set a €44.00 ($51.16) price objective on Alstom and gave the company a “buy” rating in a report on Monday. Citigroup set a €40.00 ($46.51) price objective on Alstom and gave the company a “neutral” rating in a report on Thursday, September 27th. Cfra set a €42.00 ($48.84) price objective on Alstom and gave the company a “neutral” rating in a report on Friday, July 20th. Finally, Societe Generale set a €45.00 ($52.33) price objective on Alstom and gave the company a “buy” rating in a report on Thursday, July 19th.

Shares of EPA ALO traded down €0.06 ($0.07) during midday trading on Thursday, reaching €34.65 ($40.29). 1,100,000 shares of the company traded hands, compared to its average volume of 713,618. Alstom has a 12 month low of €25.65 ($29.83) and a 12 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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