Zacks Investment Research upgraded shares of Alstom ADR (OTCMKTS:ALSMY) from a hold rating to a buy rating in a research report released on Friday. Zacks Investment Research currently has $4.00 price target on the transportation company’s stock.

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. “

Shares of Alstom ADR (OTCMKTS ALSMY) opened at 3.54 on Friday. The firm has a market capitalization of $7.78 billion and a P/E ratio of 23.32. Alstom ADR has a 12-month low of $2.51 and a 12-month high of $3.61. The stock has a 50 day moving average of $3.53 and a 200-day moving average of $3.25.

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Alstom ADR Company Profile

Alstom SA, through with its subsidiaries, designs, develops, and markets various rail transport products and systems in Europe, the Americas, Asia and Pacific, the Middle-East, and Africa. It offers trains, such as metros, tramways, tram-trains, suburban trains, regional trains, high-speed trains, and passengers and freight locomotives; and signaling products, including rail control systems, security and control, trackside, and interlocking products.

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