Kepler Capital Markets Upgrades Alstom (OTCMKTS:ALSMY) to “Hold”

Alstom (OTCMKTS:ALSMY) was upgraded by investment analysts at Kepler Capital Markets from a “strong sell” rating to a “hold” rating in a research note issued on Friday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alstom in a research report on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Alstom has a consensus rating of “Moderate Buy”.

Alstom Stock Performance

Shares of OTCMKTS:ALSMY opened at $2.66 on Friday. Alstom has a one year low of $2.03 and a one year high of $3.51. The stock has a fifty day moving average of $3.00 and a 200-day moving average of $2.81. The company has a current ratio of 0.97, a quick ratio of 0.74 and a debt-to-equity ratio of 0.31.

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.