Alstom (EPA:ALO) Given a €49.00 Price Target by Goldman Sachs Group Analysts

Alstom (EPA:ALO) has been given a €49.00 ($56.98) price objective by stock analysts at Goldman Sachs Group in a research note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group’s target price would suggest a potential upside of 24.62% from the stock’s previous close.

ALO has been the topic of a number of other research reports. JPMorgan Chase & Co. set a €43.00 ($50.00) target price on shares of Alstom and gave the stock a “buy” rating in a research report on Monday, November 11th. Kepler Capital Markets set a €41.00 ($47.67) target price on shares of Alstom and gave the company a “neutral” rating in a research note on Thursday, November 7th. Credit Suisse Group set a €37.00 ($43.02) price target on shares of Alstom and gave the company a “neutral” rating in a report on Monday, August 19th. Deutsche Bank set a €37.00 ($43.02) price target on shares of Alstom and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Finally, UBS Group set a €45.00 ($52.33) price objective on shares of Alstom and gave the stock a “buy” rating in a report on Monday, September 23rd. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of €43.03 ($50.04).

ALO opened at €39.32 ($45.72) on Tuesday. Alstom has a 1-year low of €25.65 ($29.83) and a 1-year high of €37.37 ($43.45). The company has a 50 day simple moving average of €38.52.

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.

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Analyst Recommendations for Alstom (EPA:ALO)

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