Alstom (EPA:ALO – Get Rating) has been given a €35.00 ($35.71) target price by investment analysts at JPMorgan Chase & Co. in a research report issued on Tuesday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s target price suggests a potential upside of 44.27% from the stock’s previous close.
Several other brokerages have also weighed in on ALO. Deutsche Bank Aktiengesellschaft set a €32.00 ($32.65) price objective on Alstom in a report on Thursday, November 17th. The Goldman Sachs Group set a €18.50 ($18.88) price objective on Alstom in a report on Wednesday, November 16th. Jefferies Financial Group set a €33.00 ($33.67) target price on Alstom in a research note on Tuesday, September 27th. UBS Group set a €37.00 ($37.76) target price on Alstom in a research note on Wednesday, November 16th. Finally, Credit Suisse Group set a €37.00 ($37.76) target price on Alstom in a research note on Tuesday, July 26th.
Alstom Stock Down 1.0 %
Shares of Alstom stock opened at €24.26 ($24.76) on Tuesday. Alstom has a 1 year low of €25.65 ($26.17) and a 1 year high of €37.37 ($38.13). The stock has a fifty day moving average price of €19.89 and a 200-day moving average price of €22.16.
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.
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