Alstom (EPA:ALO) has been assigned a €42.00 ($48.84) target price by Deutsche Bank in a report issued on Friday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Deutsche Bank’s price objective suggests a potential upside of 6.36% from the stock’s previous close.
Other equities research analysts have also issued research reports about the stock. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Alstom in a research note on Thursday, April 11th. Morgan Stanley set a €42.80 ($49.77) price objective on shares of Alstom and gave the company a “neutral” rating in a research note on Wednesday, April 10th. Kepler Capital Markets set a €38.50 ($44.77) price objective on shares of Alstom and gave the company a “buy” rating in a research note on Tuesday, January 22nd. UBS Group set a €45.00 ($52.33) price objective on shares of Alstom and gave the company a “buy” rating in a research note on Wednesday, April 10th. Finally, Berenberg Bank set a €42.00 ($48.84) price objective on shares of Alstom and gave the company a “buy” rating in a research note on Thursday, February 7th. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Alstom presently has a consensus rating of “Buy” and an average price target of €43.36 ($50.42).
EPA:ALO opened at €39.49 ($45.92) on Friday. Alstom has a 52 week low of €25.65 ($29.83) and a 52 week 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.
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