Deutsche Bank set a €42.00 ($48.84) price objective on Alstom (EPA:ALO) in a research note released on Friday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other research firms also recently weighed in on ALO. UBS Group reiterated a buy rating and issued a price target on shares of Alstom in a research report on Monday, January 14th. JPMorgan Chase & Co. reiterated a buy rating on shares of Alstom in a research report on Thursday, April 11th. Berenberg Bank set a €42.00 ($48.84) price target on shares of Alstom and gave the stock a buy rating in a research report on Thursday, February 7th. Morgan Stanley set a €42.80 ($49.77) price target on shares of Alstom and gave the stock a neutral rating in a research report on Wednesday, April 10th. Finally, Kepler Capital Markets set a €38.50 ($44.77) target price on shares of Alstom and gave the company a buy rating in a research note on Tuesday, January 22nd. Five equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of €43.36 ($50.42).
ALO opened at €38.63 ($44.92) on Friday. Alstom has a 1-year low of €25.65 ($29.83) and a 1-year high of €37.37 ($43.45).
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.
Recommended Story: What is Cost of Goods Sold (COGS)?
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.