Alstom (OTCMKTS:ALSMY)‘s stock had its “buy” rating reiterated by equities research analysts at UBS Group in a note issued to investors on Tuesday, The Fly reports.
Other equities research analysts also recently issued reports about the stock. Credit Suisse Group raised shares of Alstom from a “neutral” rating to an “outperform” rating in a research note on Friday, December 11th. BNP Paribas upgraded shares of Alstom from a “neutral” rating to an “outperform” rating in a report on Tuesday, December 1st. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Alstom in a report on Monday, February 8th. Exane BNP Paribas upgraded shares of Alstom from a “neutral” rating to an “outperform” rating in a report on Tuesday, December 1st. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Alstom in a research note on Tuesday, December 8th. Two analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $4.50.
ALSMY traded down $0.06 during midday trading on Tuesday, hitting $4.84. The company had a trading volume of 203,793 shares, compared to its average volume of 97,391. Alstom has a 52 week low of $3.18 and a 52 week high of $6.70. The stock’s 50 day moving average price is $5.44 and its 200 day moving average price is $5.33.
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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