Zacks Investment Research upgraded shares of Alstom ADR (OTCMKTS:ALSMY) from a hold rating to a buy rating in a research report sent to investors on Thursday, July 20th. They currently have $4.00 price objective 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. “
Shares of Alstom ADR (OTCMKTS ALSMY) opened at 3.57 on Thursday. The stock’s 50 day moving average is $3.50 and its 200 day moving average is $3.11. Alstom ADR has a 12 month low of $2.35 and a 12 month high of $3.59. The firm has a market capitalization of $7.85 billion and a price-to-earnings ratio of 23.69.
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The company also recently disclosed a None dividend, which was paid on Wednesday, July 26th. Shareholders of record on Thursday, July 6th were paid a dividend of $0.019 per share. The ex-dividend date was Monday, July 3rd.
About Alstom ADR
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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