Alstom (EPA:ALO) Stock Price Crosses Above 200-Day Moving Average of $22.19

Alstom SA (EPA:ALOGet Rating)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €22.19 ($24.12) and traded as high as €26.60 ($28.91). Alstom shares last traded at €26.58 ($28.89), with a volume of 1,388,850 shares.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft set a €32.00 ($34.78) price target on Alstom in a report on Thursday, January 5th. Jefferies Financial Group set a €33.00 ($35.87) target price on shares of Alstom in a research report on Tuesday, September 27th. JPMorgan Chase & Co. set a €35.00 ($38.04) target price on shares of Alstom in a report on Thursday, January 12th. UBS Group set a €37.00 ($40.22) price target on shares of Alstom in a research report on Tuesday, January 17th. Finally, The Goldman Sachs Group set a €21.00 ($22.83) price objective on shares of Alstom in a research note on Tuesday, January 17th.

Alstom Stock Up 0.5 %

The business’s fifty day simple moving average is €24.30 and its 200 day simple moving average is €22.19.

About Alstom

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Alstom SA offers solutions for rail transport industry in Europe, the Americas, Asia and Pacific, the Middle East, and Africa. The company offers rolling stock solutions for people movers and monorails, light rails, metros, commuter trains, regional and intercity trains, high-speed trains, and locomotives; asset optimization, connectivity, digital passenger, and security and city mobility solutions; and signaling products, such as urban, mainline, and freight and mining signaling.

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