Analysts Set Alstom SA (ALO) Price Target at $43.01

Alstom SA (EPA:ALO) has received a consensus rating of “Buy” from the ten brokerages that are currently covering the stock, MarketBeat Ratings 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 price target among brokers that have updated their coverage on the stock in the last year is €43.01 ($50.01).

A number of analysts have weighed in on ALO shares. Societe Generale set a €45.00 ($52.33) target price on shares of Alstom and gave the company a “buy” rating in a research report on Thursday, July 19th. UBS Group set a €48.00 ($55.81) target price on shares of Alstom and gave the company a “buy” rating in a research report on Thursday, October 18th. Deutsche Bank set a €44.00 ($51.16) target price on shares of Alstom and gave the company a “buy” rating in a research report on Monday, October 15th. Citigroup set a €40.00 ($46.51) target price on shares of Alstom and gave the company a “neutral” rating in a research report on Thursday, September 27th. Finally, Cfra set a €42.00 ($48.84) target price on shares of Alstom and gave the company a “neutral” rating in a research report on Friday, July 20th.

EPA:ALO traded down €0.06 ($0.07) on Monday, reaching €34.65 ($40.29). 1,100,000 shares of the stock traded hands, compared to its average volume of 713,618. Alstom has a 1-year low of €25.65 ($29.83) and a 1-year 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.

Read More: Compound Annual Growth Rate (CAGR)

Analyst Recommendations for Alstom (EPA:ALO)

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