Goldman Sachs Group set a €49.00 ($56.98) target price on Alstom (EPA:ALO) in a report issued on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other research analysts have also issued reports on the stock. Morgan Stanley set a €47.00 ($54.65) price target on shares of Alstom and gave the stock a buy rating in a report on Thursday, December 5th. Kepler Capital Markets set a €41.00 ($47.67) price target on shares of Alstom and gave the stock a neutral rating in a report on Thursday, November 7th. UBS Group set a €45.00 ($52.33) price target on shares of Alstom and gave the stock a buy rating in a report on Friday, January 10th. Deutsche Bank set a €37.00 ($43.02) price target on shares of Alstom and gave the stock a neutral rating in a report on Thursday, November 7th. Finally, JPMorgan Chase & Co. set a €43.00 ($50.00) price target on shares of Alstom and gave the stock a buy rating in a report on Monday, December 9th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of €43.94 ($51.10).
Alstom stock opened at €44.74 ($52.02) on Monday. Alstom has a 52-week low of €25.65 ($29.83) and a 52-week high of €37.37 ($43.45). The firm has a 50 day moving average price of €41.72 and a two-hundred day moving average price of €39.66.
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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