Alstom (EPA:ALO) PT Set at €51.00 by Morgan Stanley

Alstom (EPA:ALO) has been assigned a €51.00 ($57.30) target price by investment analysts at Morgan Stanley in a research note issued to investors on Wednesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Morgan Stanley’s price target would suggest a potential upside of 20.14% from the stock’s current price.

A number of other analysts also recently commented on the stock. Goldman Sachs Group set a €47.00 ($52.81) price objective on shares of Alstom and gave the company a “buy” rating in a report on Friday, July 3rd. UBS Group set a €48.00 ($53.93) target price on shares of Alstom and gave the company a “buy” rating in a report on Wednesday, May 13th. JPMorgan Chase & Co. set a €38.00 ($42.70) price target on shares of Alstom and gave the company a “neutral” rating in a research report on Tuesday. Deutsche Bank set a €41.00 ($46.07) price objective on shares of Alstom and gave the stock a “neutral” rating in a research report on Thursday, July 2nd. Finally, Kepler Capital Markets set a €42.50 ($47.75) price objective on shares of Alstom and gave the stock a “buy” rating in a research report on Wednesday, May 13th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of €43.69 ($49.09).

Shares of ALO stock traded up €0.02 ($0.02) during mid-day trading on Wednesday, hitting €42.45 ($47.70). 448,002 shares of the stock were exchanged, compared to its average volume of 713,618. The firm has a fifty day moving average of €41.24 and a 200 day moving average of €41.45. Alstom has a 52-week low of €25.65 ($28.82) and a 52-week high of €37.37 ($41.99).

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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Analyst Recommendations for Alstom (EPA:ALO)

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