Alstom (ALO) Target Price Issued at €48.00 by UBS Group

Alstom (ALO) Target Price Issued at €48.00 by UBS Group

Alstom (EPA:ALO) has been given a €48.00 ($55.81) target price by equities research analysts at UBS Group in a research report issued on Thursday, www.boersen-zeitung.de reports. The brokerage currently has a “buy” rating on the stock.

A number of other analysts have also recently commented on the company. Deutsche Bank set a €44.00 ($51.16) price target on Alstom and gave the stock a “buy” rating in a research report on Monday, October 15th. BNP Paribas set a €47.00 ($54.65) price target on Alstom and gave the stock a “buy” rating in a research report on Tuesday, November 27th. Kepler Capital Markets set a €48.00 ($55.81) price target on Alstom and gave the stock a “buy” rating in a research report on Friday, November 16th. Finally, Berenberg Bank set a €42.00 ($48.84) price target on Alstom and gave the stock a “buy” rating in a research report on Thursday. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Alstom has an average rating of “Buy” and an average price target of €42.24 ($49.11).

Alstom has a 12-month low of €25.65 ($29.83) and a 12-month 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.

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