Alstom (ALO) Given a €34.10 Price Target at Morgan Stanley

Alstom (EPA:ALO) has been assigned a €34.10 ($40.60) price target by investment analysts at Morgan Stanley in a research report issued to clients and investors on Wednesday. The firm presently has a “neutral” rating on the stock. Morgan Stanley’s price target would indicate a potential upside of 0.41% from the stock’s current price.

Other equities research analysts have also issued research reports about the company. UBS reaffirmed a “buy” rating on shares of Alstom in a research note on Wednesday, September 13th. Barclays set a €33.00 ($39.29) price target on Alstom and gave the stock a “buy” rating in a research note on Wednesday, September 27th. Kepler Capital Markets set a €42.00 ($50.00) price target on Alstom and gave the stock a “buy” rating in a research note on Monday, October 2nd. Societe Generale set a €41.00 ($48.81) price target on Alstom and gave the stock a “buy” rating in a research note on Friday, September 29th. Finally, Deutsche Bank set a €38.00 ($45.24) price target on Alstom and gave the stock a “neutral” rating in a research note on Tuesday, October 10th. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Alstom currently has an average rating of “Hold” and a consensus price target of €36.65 ($43.63).

Shares of Alstom (ALO) opened at €33.96 ($40.43) on Wednesday. Alstom has a 52 week low of €24.91 ($29.65) and a 52 week high of €36.50 ($43.45).

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About Alstom

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.

Analyst Recommendations for Alstom (EPA:ALO)

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