Zacks Investment Research upgraded shares of ALSTOM (OTCMKTS:ALSMY) from a hold rating to a buy rating in a report issued on Wednesday morning. They currently have $4.75 price target on the transportation company’s stock.
According to Zacks, “Alstom SA develops and markets systems, equipment and services for the railway sector. Its product includes bogies, traction systems, electrification, track laying and urban integrated solution. It also offers services such as parts and repairs, maintenance, customisation, modernisation and support services. Alstom SA is headquartered in France. “
ALSTOM (ALSMY) opened at $4.30 on Wednesday. The company has a current ratio of 1.06, a quick ratio of 0.92 and a debt-to-equity ratio of 0.40. ALSTOM has a 12 month low of $2.64 and a 12 month high of $4.30.
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Alstom SA, through with its subsidiaries, designs, develops, and markets various rail transport products and systems in Europe, the Americas, Asia and Pacific, the Middle-East, and Africa. It offers trains, such as metros, tramways, tram-trains, suburban trains, regional trains, high-speed trains, and passengers and freight locomotives; and signaling products, including rail control systems, security and control, trackside, and interlocking products.
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