Alstom (EPA:ALO – Get Rating) has been assigned a €44.00 ($46.32) price objective by stock analysts at UBS Group in a research note issued to investors on Wednesday, Borsen Zeitung reports. UBS Group’s price target suggests a potential upside of 90.97% from the company’s previous close.
A number of other research analysts also recently weighed in on ALO. JPMorgan Chase & Co. set a €37.50 ($39.47) price target on Alstom in a research note on Wednesday, May 4th. Jefferies Financial Group set a €36.00 ($37.89) price target on Alstom in a research note on Wednesday. The Goldman Sachs Group set a €29.00 ($30.53) price target on Alstom in a research note on Thursday, February 10th. Finally, Deutsche Bank Aktiengesellschaft set a €37.00 ($38.95) price objective on Alstom in a research note on Monday, March 21st. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of €37.43 ($39.40).
ALO stock opened at €23.04 ($24.25) on Wednesday. The business’s fifty day moving average is €21.06 and its 200-day moving average is €27.09. Alstom has a twelve month low of €25.65 ($27.00) and a twelve month high of €37.37 ($39.34).
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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