Alstom (OTCMKTS:ALSMY) Earns “Buy” Rating from JPMorgan Chase & Co.

Alstom (OTCMKTS:ALSMY)‘s stock had its “buy” rating restated by research analysts at JPMorgan Chase & Co. in a research report issued on Tuesday, Borsen Zeitung reports.

A number of other equities analysts have also recently issued reports on ALSMY. Kepler Capital Markets cut shares of Alstom from a “buy” rating to a “hold” rating in a report on Friday, January 22nd. Morgan Stanley reiterated an “overweight” rating on shares of Alstom in a research note on Tuesday, December 8th. BNP Paribas upgraded shares of Alstom from a “neutral” rating to an “outperform” rating in a research report on Tuesday, December 1st. Jefferies Financial Group raised shares of Alstom from a “hold” rating to a “buy” rating in a research note on Wednesday, January 20th. Finally, Exane BNP Paribas raised shares of Alstom from a “neutral” rating to an “outperform” rating in a research note on Tuesday, December 1st. Two equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $4.50.

Shares of Alstom stock traded down $0.06 during trading hours on Tuesday, hitting $4.84. 203,793 shares of the company’s stock traded hands, compared to its average volume of 97,391. The stock has a 50 day simple moving average of $5.44 and a 200-day simple moving average of $5.33. Alstom has a twelve month low of $3.18 and a twelve month high of $6.70.

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 and LRVs, suburban trains, regional and intercity trains, high-speed trains, and locomotives, and electric buses; and signaling products, such as urban, mainline, and freight and mining signaling.

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Analyst Recommendations for Alstom (OTCMKTS:ALSMY)

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