ALSTOM (OTCMKTS:ALSMY) Upgraded by Zacks Investment Research to “Buy”

ALSTOM (OTCMKTS:ALSMY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Wednesday, January 10th. The firm presently has a $4.75 price target on the transportation company’s stock. Zacks Investment Research‘s price target points to a potential upside of 12.03% from the company’s current price.

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. “

ALSTOM (OTCMKTS ALSMY) traded down $0.04 during midday trading on Wednesday, hitting $4.24. 700 shares of the stock traded hands, compared to its average volume of 6,004. ALSTOM has a 12-month low of $2.64 and a 12-month high of $4.50. The company has a quick ratio of 0.92, a current ratio of 1.06 and a debt-to-equity ratio of 0.40.

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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.

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