Kepler Capital Markets Upgrades Alstom (OTCMKTS:ALSMY) to Hold

Key Points

• Kepler Capital Markets upgraded Alstom from a "strong sell" to a "hold," while Deutsche Bank reiterated a "buy"; overall analyst breakdown gives Alstom a consensus rating of "Moderate Buy" (1 Strong Buy, 2 Buy, 1 Hold, 1 Sell).
• Alstom stock opened at $2.66, trading in a one-year range of $2.03–$3.51, with a 50-day moving average of $3.00 and a 200-day moving average of $2.81.

Alstom (OTCMKTS:ALSMY - Get Free Report) was upgraded by stock analysts at Kepler Capital Markets from a "strong sell" rating to a "hold" rating in a report issued on Friday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Alstom in a research report on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Alstom presently has a consensus rating of "Moderate Buy".

Alstom Stock Performance

Alstom stock opened at $2.66 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.74 and a current ratio of 0.97. Alstom has a one year low of $2.03 and a one year high of $3.51. The business has a 50 day simple moving average of $3.00 and a 200 day simple moving average of $2.81.

About Alstom

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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