Alstom (EPA:ALO) PT Set at €41.00 by JPMorgan Chase & Co.

Alstom (EPA:ALO) has been given a €41.00 ($47.67) price objective by investment analysts at JPMorgan Chase & Co. in a report issued on Wednesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 6.58% from the stock’s previous close.

A number of other research analysts also recently commented on the stock. Morgan Stanley set a €49.00 ($56.98) price objective on shares of Alstom and gave the company a “buy” rating in a research note on Friday, January 17th. Goldman Sachs Group set a €49.00 ($56.98) price objective on shares of Alstom and gave the company a “buy” rating in a research note on Friday, March 20th. Deutsche Bank set a €42.00 ($48.84) price objective on shares of Alstom and gave the company a “neutral” rating in a research note on Monday. Jefferies Financial Group set a €45.00 ($52.33) price objective on shares of Alstom and gave the company a “neutral” rating in a research note on Tuesday, March 3rd. Finally, UBS Group set a €48.00 ($55.81) price objective on shares of Alstom and gave the company a “buy” rating in a research note on Thursday, March 19th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of €45.75 ($53.20).

EPA ALO opened at €38.47 ($44.73) on Wednesday. Alstom has a 12 month low of €25.65 ($29.83) and a 12 month high of €37.37 ($43.45). The company’s fifty day moving average price is €43.56 and its two-hundred day moving average price is €40.79.

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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