Alstom (EPA:ALO) Given a €41.00 Price Target by JPMorgan Chase & Co. Analysts

Alstom (EPA:ALO) has been assigned a €41.00 ($47.67) price objective by equities research analysts at JPMorgan Chase & Co. in a research note issued on Wednesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 6.58% from the stock’s previous close.

ALO has been the subject of several other reports. Morgan Stanley set a €49.00 ($56.98) target price on shares of Alstom and gave the stock a “buy” rating in a report on Friday, January 17th. Kepler Capital Markets set a €54.00 ($62.79) target price on shares of Alstom and gave the stock a “neutral” rating in a report on Tuesday, February 18th. UBS Group set a €48.00 ($55.81) target price on shares of Alstom and gave the stock a “buy” rating in a report on Thursday, March 19th. Deutsche Bank set a €42.00 ($48.84) target price on shares of Alstom and gave the stock a “neutral” rating in a report on Monday. Finally, Jefferies Financial Group set a €45.00 ($52.33) target price on shares of Alstom and gave the stock a “neutral” rating in a report on Tuesday, March 3rd. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Alstom has a consensus rating of “Buy” and an average price target of €45.75 ($53.20).

EPA:ALO opened at €38.47 ($44.73) on Wednesday. Alstom has a twelve month low of €25.65 ($29.83) and a twelve month high of €37.37 ($43.45). The company has a 50-day moving average of €43.56 and a 200-day moving average of €40.79.

Alstom Company Profile

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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Analyst Recommendations for Alstom (EPA:ALO)

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