AlphaValue reaffirmed their buy rating on shares of Alcatel-Lucent SA (EPA: ALU) in a report released on Thursday, Analyst Ratings Network reports. AlphaValue currently has a €2.35 ($3.05) price objective on the stock.
Shares of Alcatel-Lucent SA (EPA: ALU) traded down 0.62% during mid-day trading on Thursday, hitting €1.454. Alcatel-Lucent SA has a 52 week low of €0.71 and a 52 week high of €1.548. The stock’s 50-day moving average is currently €0.89. The company’s market cap is €3.302 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays Capital reiterated an equal weight rating on shares of Alcatel-Lucent SA in a research note to investors on Wednesday, July 10th. They now have a €1.36 ($1.77) price target on the stock. Separately, analysts at Deutsche Bank reiterated a buy rating on shares of Alcatel-Lucent SA in a research note to investors on Thursday, July 4th. They now have a €2.20 ($2.86) price target on the stock. Finally, analysts at Grupo Santander reiterated a buy rating on shares of Alcatel-Lucent SA in a research note to investors on Thursday, June 20th. They now have a €3.26 ($4.23) price target on the stock.
Five equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. Alcatel-Lucent SA presently has an average rating of Hold and a consensus target price of €1.31 ($1.70).
Alcatel Lucent SA is a France based company that proposes solutions used by service providers, businesses, and governments worldwide to offer voice, data, and video services to their own customers.
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