Alstom: Deutsche Bank raises target price
(CercleFinance.com) - Deutsche Bank announced on Wednesday that it had raised its target price for Alstom from E25 to E26, following the release of the rail equipment manufacturer's Q3 sales figures.
In a reaction note, the analyst - who has a buy recommendation on the stock - emphasizes that the publication was marked by solid sales momentum and robust sales growth.
The difficulties linked to the supply chain have been absorbed, the mix continues to improve, and the management team confirms its medium-term outlook, DB notes, which has therefore raised its earnings estimates for the French group by 1%.
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The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
In a reaction note, the analyst - who has a buy recommendation on the stock - emphasizes that the publication was marked by solid sales momentum and robust sales growth.
The difficulties linked to the supply chain have been absorbed, the mix continues to improve, and the management team confirms its medium-term outlook, DB notes, which has therefore raised its earnings estimates for the French group by 1%.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.