Goldman Sachs Group set a €47.00 ($54.65) target price on Alstom (EPA:ALO) in a research report report published on Friday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other research analysts have also recently issued research reports about the company. Oddo Bhf set a €44.50 ($51.74) target price on Alstom and gave the company a buy rating in a research report on Friday, May 17th. Berenberg Bank set a €48.00 ($55.81) target price on Alstom and gave the company a buy rating in a research report on Thursday, July 4th. Kepler Capital Markets set a €45.50 ($52.91) target price on Alstom and gave the company a buy rating in a research report on Friday, June 21st. JPMorgan Chase & Co. reiterated a buy rating on shares of Alstom in a research report on Friday, September 6th. Finally, Credit Suisse Group set a €37.00 ($43.02) target price on Alstom and gave the company a neutral rating in a research report on Monday, August 19th. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and an average target price of €43.44 ($50.51).
Alstom stock opened at €37.72 ($43.86) on Friday. Alstom has a 12-month low of €25.65 ($29.83) and a 12-month high of €37.37 ($43.45). The company has a 50-day simple moving average of €38.52.
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.
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