Alstom ADR (OTCMKTS:ALSMY) Given Consensus Rating of “Hold” by Analysts

by · The Cerbat Gem

Shares of Alstom ADR (OTCMKTS:ALSMY – Get Free Report) have been assigned a consensus recommendation of “Hold” from the six brokerages that are currently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company.

Several research firms have recently issued reports on ALSMY. Kepler Capital Markets cut Alstom from a “buy” rating to a “hold” rating in a research report on Monday. Citigroup upgraded shares of Alstom from a “neutral” rating to a “buy” rating in a research report on Friday, December 5th. Barclays reaffirmed an “underweight” rating on shares of Alstom in a research report on Wednesday, December 3rd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Alstom in a research note on Friday, November 14th.

Read Our Latest Analysis on ALSMY

Alstom Price Performance

Shares of OTCMKTS:ALSMY opened at $2.96 on Monday. Alstom has a 52 week low of $1.80 and a 52 week high of $2.99. The company’s 50 day moving average is $2.66 and its two-hundred day moving average is $2.49.

Alstom Company Profile

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Alstom is a global leader in the transportation sector, specializing in the design, manufacture and delivery of rail infrastructure, rolling stock and signaling systems. The company’s portfolio includes high-speed trains, regional and commuter trains, metros, trams and e-buses, as well as digital mobility solutions for railway networks. In addition to new equipment, Alstom offers a comprehensive suite of services ranging from maintenance and modernization to spare parts management and on-site support.

Founded in France with roots tracing back to the early 20th century, Alstom has evolved through a series of mergers and acquisitions to become one of the world’s largest rail transport equipment suppliers.

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