Alstom (ALO) Given a €48.00 Price Target by UBS Group Analysts

UBS Group set a €48.00 ($55.81) target price on Alstom (EPA:ALO) in a research report released on Wednesday, October 3rd, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.

Other equities research analysts also recently issued research reports about the stock. Barclays set a €46.00 ($53.49) target price on shares of Alstom and gave the stock a buy rating in a research report on Thursday, July 5th. Citigroup set a €40.00 ($46.51) price objective on shares of Alstom and gave the company a neutral rating in a research report on Thursday, September 27th. Cfra set a €42.00 ($48.84) price objective on shares of Alstom and gave the company a neutral rating in a research report on Friday, July 20th. Societe Generale set a €45.00 ($52.33) target price on shares of Alstom and gave the stock a buy rating in a research report on Thursday, July 19th. Finally, BNP Paribas set a €43.00 ($50.00) target price on shares of Alstom and gave the stock a neutral rating in a research report on Wednesday, July 11th. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Alstom currently has an average rating of Hold and a consensus price target of €42.91 ($49.90).

ALO opened at €34.65 ($40.29) on Wednesday. Alstom has a 1-year low of €25.65 ($29.83) and a 1-year high of €37.37 ($43.45).

About Alstom

Alstom SA develops and markets systems, equipment, and services for the transport sector in Europe, the Americas, Asia and Pacific, the Middle-East, and Africa. The company offers metros, tramways, tram-trains, suburban trains, regional trains, high-speed trains, and passengers and freight locomotives; and signaling products, such as rail control systems, security and control, trackside, and interlocking products.

Featured Story: What are the benefits of buying treasury bonds?

Analyst Recommendations for Alstom (EPA:ALO)

Receive News & Ratings for Alstom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alstom and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply