Alstom (OTCMKTS:ALSMY) Stock Rating Reaffirmed by JPMorgan Chase & Co.

Alstom (OTCMKTS:ALSMY)‘s stock had its “overweight” rating reissued by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Thursday, The Fly reports.

A number of other research firms have also recently issued reports on ALSMY. UBS Group restated a “buy” rating on shares of Alstom in a report on Tuesday, February 23rd. Jefferies Financial Group raised Alstom from a “hold” rating to a “buy” rating in a report on Wednesday, January 20th. Morgan Stanley reaffirmed an “overweight” rating on shares of Alstom in a research report on Wednesday, March 3rd. Kepler Capital Markets cut Alstom from a “buy” rating to a “hold” rating in a research report on Friday, January 22nd. Finally, Zacks Investment Research lowered shares of Alstom from a “hold” rating to a “sell” rating in a research report on Friday, April 9th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $4.50.

Shares of OTCMKTS ALSMY opened at $5.36 on Thursday. The business’s 50-day simple moving average is $5.33 and its 200-day simple moving average is $5.31. Alstom has a 52 week low of $4.05 and a 52 week high of $6.70.

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 and LRVs, suburban trains, regional and intercity trains, high-speed trains, and locomotives, and electric buses; and signaling products, such as urban, mainline, and freight and mining signaling.

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Analyst Recommendations for Alstom (OTCMKTS:ALSMY)

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