Alstom’s (ALSMY) “Outperform” Rating Reaffirmed at Credit Suisse Group

Credit Suisse Group reiterated their outperform rating on shares of Alstom (OTCMKTS:ALSMY) in a research report released on Friday morning, The Fly reports.

A number of other brokerages have also recently weighed in on ALSMY. Morgan Stanley reaffirmed an overweight rating on shares of Alstom in a research report on Wednesday, March 3rd. Deutsche Bank Aktiengesellschaft reissued a buy rating on shares of Alstom in a research report on Wednesday, May 12th. Zacks Investment Research cut Alstom from a hold rating to a sell rating in a research report on Friday, April 9th. UBS Group reissued a buy rating on shares of Alstom in a research report on Tuesday, February 23rd. Finally, Kepler Capital Markets cut Alstom from a buy rating to a hold rating in a research report on Friday, January 22nd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus target price of $4.50.

Shares of OTCMKTS:ALSMY opened at $5.33 on Friday. Alstom has a fifty-two week low of $4.05 and a fifty-two week high of $6.70. The business has a 50-day moving average of $5.36 and a two-hundred day moving average of $5.33.

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 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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