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

Shares of Alstom ADR (OTCMKTS:ALSMY) have received an average rating of “Moderate Buy” from the five brokerages that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company.

Several equities research analysts recently weighed in on the stock. Citigroup raised shares of Alstom from a “neutral” rating to a “buy” rating in a research report on Friday, December 5th. Barclays reaffirmed an “underweight” rating on shares of Alstom in a report on Wednesday, December 3rd. Kepler Capital Markets lowered shares of Alstom from a “buy” rating to a “hold” rating in a research report on Monday. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Alstom in a research report on Tuesday.

Alstom Price Performance

ALSMY opened at $3.01 on Monday. Alstom has a 52-week low of $1.80 and a 52-week high of $3.13. The business’s fifty day moving average is $2.69 and its 200-day moving average is $2.51.

About Alstom

Alstom is a global leader in the transportation sector, specializing in the design, manufacture and delivery of rail infrastructure, rolling stock and signaling systems. The company’s portfolio includes high-speed trains, regional and commuter trains, metros, trams and e-buses, as well as digital mobility solutions for railway networks. In addition to new equipment, Alstom offers a comprehensive suite of services ranging from maintenance and modernization to spare parts management and on-site support.

Founded in France with roots tracing back to the early 20th century, Alstom has evolved through a series of mergers and acquisitions to become one of the world’s largest rail transport equipment suppliers.