Deutsche Bank set a €42.00 ($48.84) target price on Alstom (EPA:ALO) in a research report released on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other equities analysts have also issued reports on the company. JPMorgan Chase & Co. set a €47.00 ($54.65) target price on Alstom and gave the stock a neutral rating in a research report on Monday, February 24th. Kepler Capital Markets set a €54.00 ($62.79) target price on Alstom and gave the stock a neutral rating in a research report on Tuesday, February 18th. UBS Group set a €48.00 ($55.81) target price on Alstom and gave the stock a buy rating in a research report on Thursday, March 19th. Jefferies Financial Group set a €45.00 ($52.33) target price on Alstom and gave the stock a neutral rating in a research report on Tuesday, March 3rd. Finally, Morgan Stanley set a €49.00 ($56.98) target price on Alstom and gave the stock a buy rating in a research report on Friday, January 17th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Alstom has a consensus rating of Buy and an average target price of €45.75 ($53.20).
Shares of EPA:ALO opened at €38.47 ($44.73) on Monday. Alstom has a 1-year low of €25.65 ($29.83) and a 1-year high of €37.37 ($43.45). The business has a 50-day moving average price of €43.56 and a two-hundred day moving average price of €40.79.
Alstom Company Profile
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.
Further Reading: Initial Coin Offering (ICO)
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