Alstom ADR (ALSMY) Lifted to Buy at Zacks Investment Research
Alstom ADR (OTCMKTS:ALSMY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday, May 24th. The firm presently has a $3.75 price objective on the transportation company’s stock. Zacks Investment Research‘s price objective points to a potential upside of 9.18% from the stock’s previous close.
According to Zacks, “Alstom SA develops and markets systems, equipment and services for the railway sector. Its product includes bogies, traction systems, electrification, track laying and urban integrated solution. It also offers services such as parts and repairs, maintenance, customisation, modernisation and support services. Alstom SA is headquartered in France. “
Alstom ADR (OTCMKTS:ALSMY) traded up 0.4269% during mid-day trading on Wednesday, reaching $3.4346. 220 shares of the company traded hands. The firm has a market cap of $7.55 billion and a PE ratio of 23.8183. Alstom ADR has a one year low of $2.06 and a one year high of $3.47. The stock’s 50-day moving average price is $3.34 and its 200-day moving average price is $2.92.
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