Alstom SA (OTCMKTS:ALSMY) Receives Consensus Rating of “Buy” from Brokerages

Alstom SA (OTCMKTS:ALSMYGet Rating) has received a consensus recommendation of “Buy” from the thirteen research firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and nine have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $34.20.

Several research firms recently weighed in on ALSMY. Morgan Stanley cut their target price on shares of Alstom from €50.00 ($52.63) to €46.00 ($48.42) in a research note on Friday, April 8th. Zacks Investment Research raised Alstom from a “hold” rating to a “buy” rating and set a $2.50 target price on the stock in a report on Tuesday, May 3rd. UBS Group decreased their target price on Alstom from €47.00 ($49.47) to €44.00 ($46.32) in a research report on Wednesday, April 6th. Finally, JPMorgan Chase & Co. cut their price target on Alstom from €38.00 ($40.00) to €37.50 ($39.47) and set an “overweight” rating for the company in a report on Friday, April 1st.

Alstom stock opened at $2.38 on Friday. Alstom has a 1 year low of $1.86 and a 1 year high of $5.65. The firm’s 50 day moving average price is $2.26 and its 200-day moving average price is $2.97. The company has a current ratio of 0.81, a quick ratio of 0.61 and a debt-to-equity ratio of 0.35.

About Alstom (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 (OTCMKTS:ALSMY)

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