Alstom (OTCMKTS:ALSMY) Stock Rating Lowered by Kepler Capital Markets

Alstom (OTCMKTS:ALSMY) was downgraded by equities researchers at Kepler Capital Markets from a “buy” rating to a “hold” rating in a report issued on Monday.

A number of other research firms have also issued reports on ALSMY. Citigroup raised Alstom from a “neutral” rating to a “buy” rating in a research note on Friday, December 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Alstom in a report on Friday, November 14th. Finally, Barclays reiterated an “underweight” rating on shares of Alstom in a research report on Wednesday, December 3rd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Alstom has an average rating of “Hold”.

Alstom Stock Up 1.7%

Shares of OTCMKTS ALSMY opened at $2.96 on Monday. Alstom has a 12-month low of $1.80 and a 12-month high of $2.99. The firm’s 50-day moving average is $2.66 and its two-hundred day moving average is $2.49.

About Alstom

Alstom is a global leader in the transportation sector, specializing in the design, manufacture and delivery of rail infrastructure, rolling stock and signaling systems. The company’s portfolio includes high-speed trains, regional and commuter trains, metros, trams and e-buses, as well as digital mobility solutions for railway networks. In addition to new equipment, Alstom offers a comprehensive suite of services ranging from maintenance and modernization to spare parts management and on-site support.

Founded in France with roots tracing back to the early 20th century, Alstom has evolved through a series of mergers and acquisitions to become one of the world’s largest rail transport equipment suppliers.