UBS has maintained a 'Neutral' rating for Alstom, setting a target price of 20 euros following a meeting with CFO Bernand Delpit. Analyst Andre Kukhnin noted that the company's approach to supply chain issues, production challenges, and price discipline was reassuring.
UBS has maintained a "Neutral" rating for Alstom, setting a target price of 20 euros following a meeting with CFO Bernand Delpit. Analyst Andre Kukhnin noted that the company's approach to supply chain issues, production challenges, and price discipline was reassuring.
Alstom shares have shown a positive trend, rising significantly in recent weeks, with a notable increase of 4.74% to USD 22.36 on November 14, 2024. Analysts from various banks have adjusted their target prices, with DZ Bank raising its fair value to 24 euros while maintaining a "Hold" rating, and JPMorgan increasing its target to 24.80 euros with an "Overweight" rating, reflecting confidence in the company's turnaround despite ongoing challenges.
UBS has maintained a "Neutral" rating for Alstom, setting a target price of 20 euros following a meeting with CFO Bernand Delpit. Analyst Andre Kukhnin noted that the company's approach to supply chain issues, production challenges, and price discipline was reassuring.
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