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

JPMorgan Chase & Co. set a €41.00 ($47.67) price target on Alstom (EPA:ALO) in a report released on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other analysts also recently weighed in on ALO. Jefferies Financial Group set a €45.00 ($52.33) target price on shares of Alstom and gave the company a neutral rating in a report on Tuesday, March 3rd. Goldman Sachs Group set a €49.00 ($56.98) price objective on shares of Alstom and gave the company a buy rating in a research note on Friday, March 20th. Kepler Capital Markets set a €54.00 ($62.79) price objective on shares of Alstom and gave the company a neutral rating in a research note on Tuesday, February 18th. Morgan Stanley set a €49.00 ($56.98) price objective on shares of Alstom and gave the company a buy rating in a research note on Friday, January 17th. Finally, Deutsche Bank set a €42.00 ($48.84) price objective on shares of Alstom and gave the company a neutral rating in a research note on Monday. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus price target of €45.75 ($53.20).

Alstom stock traded down €0.83 ($0.97) during midday trading on Wednesday, hitting €38.47 ($44.73). 382,306 shares of the company’s stock were exchanged, compared to its average volume of 713,618. The firm’s 50 day simple moving average is €43.56 and its 200 day simple moving average is €40.79. 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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Analyst Recommendations for Alstom (EPA:ALO)

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