Alstom (EPA:ALO) Given Buy Rating at JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their buy rating on shares of Alstom (EPA:ALO) in a report issued on Friday morning, Borsen Zeitung reports.

A number of other research analysts have also weighed in on ALO. Berenberg Bank set a €48.00 ($55.81) target price on Alstom and gave the company a buy rating in a report on Thursday, July 4th. Goldman Sachs Group set a €47.00 ($54.65) price target on Alstom and gave the stock a buy rating in a report on Thursday, August 29th. Oddo Bhf set a €44.50 ($51.74) price target on Alstom and gave the company a buy rating in a research report on Friday, May 17th. Deutsche Bank set a €37.00 ($43.02) price objective on Alstom and gave the company a neutral rating in a research note on Friday, July 19th. Finally, Credit Suisse Group set a €37.00 ($43.02) price objective on shares of Alstom and gave the stock a neutral rating in a report on Monday, August 19th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of Buy and a consensus price target of €43.44 ($50.51).

Shares of ALO opened at €38.93 ($45.27) on Friday. Alstom has a 52 week low of €25.65 ($29.83) and a 52 week high of €37.37 ($43.45). The business’s 50 day moving average is €38.93.

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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