Alstom SA (ALO) Receives Consensus Recommendation of “Buy” from Analysts

Alstom SA (EPA:ALO) has earned a consensus recommendation of “Buy” from the ten ratings firms that are currently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is €43.91 ($51.06).

A number of equities research analysts have recently weighed in on ALO shares. Deutsche Bank set a €44.00 ($51.16) price objective on shares of Alstom and gave the company a “buy” rating in a report on Monday, October 15th. UBS Group set a €48.00 ($55.81) price objective on shares of Alstom and gave the company a “buy” rating in a report on Thursday, October 18th. Citigroup set a €40.00 ($46.51) price objective on shares of Alstom and gave the company a “neutral” rating in a report on Thursday, September 27th. Kepler Capital Markets set a €48.00 ($55.81) price objective on shares of Alstom and gave the company a “buy” rating in a report on Friday, November 16th. Finally, BNP Paribas set a €47.00 ($54.65) price objective on shares of Alstom and gave the company a “buy” rating in a report on Tuesday, November 27th.

Alstom has a fifty-two week low of €25.65 ($29.83) and a fifty-two week 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.

See Also: Price to Earnings Ratio (PE), For Valuing Stocks

Analyst Recommendations for Alstom (EPA:ALO)

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