Zacks Investment Research Upgrades ALSTOM (ALSMY) to Buy

Zacks Investment Research upgraded shares of ALSTOM (OTCMKTS:ALSMY) from a hold rating to a buy rating in a research note released on Wednesday morning. They currently have $4.75 target price on the transportation company’s stock.

According to Zacks, “Alstom SA develops and markets systems, equipment and services for the railway sector. Its product includes bogies, traction systems, electrification, track laying and urban integrated solution. It also offers services such as parts and repairs, maintenance, customisation, modernisation and support services. Alstom SA is headquartered in France. “

Shares of ALSTOM (ALSMY) traded down $0.02 on Wednesday, reaching $4.22. 3,480 shares of the company traded hands, compared to its average volume of 2,914. ALSTOM has a 12-month low of $2.64 and a 12-month high of $4.28. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.92 and a current ratio of 1.06.

ILLEGAL ACTIVITY NOTICE: This report was first published by Markets Daily and is the property of of Markets Daily. If you are viewing this report on another domain, it was illegally copied and reposted in violation of United States & international copyright legislation. The legal version of this report can be viewed at https://www.themarketsdaily.com/2018/01/12/zacks-investment-research-upgrades-alstom-alsmy-to-buy.html.

About ALSTOM

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.

Get a free copy of the Zacks research report on ALSTOM (ALSMY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for ALSTOM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ALSTOM and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply