Stadler Rail (OTC:SRAIF – Get Rating) had its target price dropped by stock analysts at JPMorgan Chase & Co. from CHF 42 to CHF 41 in a research note issued to investors on Wednesday, The Fly reports.
A number of other brokerages have also weighed in on SRAIF. Credit Suisse Group cut their target price on shares of Stadler Rail from CHF 38 to CHF 35 in a research note on Thursday, July 28th. UBS Group cut their price target on shares of Stadler Rail from CHF 50 to CHF 45 and set a “buy” rating on the stock in a report on Wednesday, July 27th.
Stadler Rail Stock Performance
SRAIF stock opened at $33.89 on Wednesday. Stadler Rail has a 1-year low of $25.92 and a 1-year high of $42.35. The company’s 50 day moving average is $29.33 and its 200 day moving average is $37.83.
About Stadler Rail
Stadler Rail AG, through its subsidiaries, engages in the manufacture and sale of trains in Switzerland, Germany, Austria, Western and Eastern Europe, the Americas, the CIS countries, and internationally. It operates through two segments, Rolling Stock; and Service and Components. The company's Rolling Stock segment manufactures high-speed and intercity trains, suburban and regional transport trains, passenger coaches, light rails, trams, and metros locomotives, as well as city transport and tailor-made vehicles.
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