Alstom (EPA:ALO) Given a €44.00 Price Target at UBS Group

Alstom (EPA:ALOGet Rating) has been assigned a €44.00 ($44.44) price objective by research analysts at UBS Group in a report issued on Wednesday, Borsen Zeitung reports. UBS Group’s target price points to a potential upside of 82.27% from the stock’s current price.

A number of other research analysts also recently issued reports on ALO. JPMorgan Chase & Co. set a €38.00 ($38.38) price objective on shares of Alstom in a research report on Tuesday. The Goldman Sachs Group set a €19.00 ($19.19) target price on shares of Alstom in a research report on Tuesday. Finally, Jefferies Financial Group set a €35.00 ($35.35) target price on shares of Alstom in a research report on Tuesday.

Alstom Price Performance

Shares of Alstom stock opened at €24.14 ($24.38) on Wednesday. The company’s fifty day simple moving average is €24.18 and its two-hundred day simple moving average is €24.56. Alstom has a 12-month low of €25.65 ($25.91) and a 12-month high of €37.37 ($37.75).

About Alstom

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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 people movers and monorails, light rails, metros, commuter trains, regional and intercity trains, high-speed trains, and locomotives; asset optimization, connectivity, digital passenger, and security and city mobility solutions; and signaling products, such as urban, mainline, and freight and mining signaling.

Further Reading

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