Alstom (EPA:ALO) Given a €37.50 Price Target by JPMorgan Chase & Co. Analysts

Alstom (EPA:ALOGet Rating) has been given a €37.50 ($39.47) target price by stock analysts at JPMorgan Chase & Co. in a report issued on Wednesday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 62.76% from the company’s current price.

ALO has been the subject of a number of other research reports. The Goldman Sachs Group set a €21.00 ($22.11) target price on Alstom in a research note on Wednesday. UBS Group set a €44.00 ($46.32) price objective on Alstom in a research report on Wednesday. Deutsche Bank Aktiengesellschaft set a €37.00 ($38.95) target price on shares of Alstom in a research report on Monday, March 21st. Finally, Jefferies Financial Group set a €36.00 ($37.89) price objective on shares of Alstom in a research note on Wednesday. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, Alstom currently has an average rating of “Buy” and an average target price of €36.29 ($38.20).

ALO traded up €0.28 ($0.29) on Wednesday, hitting €23.04 ($24.25). The company had a trading volume of 2,441,277 shares, compared to its average volume of 713,618. The stock has a fifty day simple moving average of €21.06 and a 200-day simple moving average of €27.09. Alstom has a 52-week low of €25.65 ($27.00) and a 52-week high of €37.37 ($39.34).

Alstom Company Profile (Get Rating)

Alstom SA offers solutions for rail transport industry in Europe, the Americas, Asia and Pacific, the Middle East, and Africa. The company offers rolling stock solutions for electric buses, tramways, tram-trains and LRVs, metros, suburban trains, regional and intercity trains, high-speed trains, and locomotives; and asset optimization, connectivity, digital passenger, and security and city mobility solutions; and signaling products, such as urban, mainline, and freight and mining signaling.

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Analyst Recommendations for Alstom (EPA:ALO)

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