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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Alstom | EU:ALO | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.47 | 9.36% | 17.11 | 16.715 | 17.12 | 17.295 | 14.50 | 14.655 | 5,192,395 | 02:01:11 |
Shares in French train maker Alstom dropped after its biggest shareholder, Bouygues, sold a 13% stake in the company. However, the move doesn't come as a surprise to UBS, whose view on Alstom's stock remains positive. "This has long been awaited by investors, and doesn't preclude our positive view on Alstom's shares, which continue to be supported by strong rolling stock, signaling and services fundamentals, as well as a strong set company targets," the banks says. UBS maintains its buy rating on the company. Alstom's shares are down 5.1% at EUR37.36. (olivia.bugault@dowjones.com)
(END) Dow Jones Newswires
September 12, 2019 05:35 ET (09:35 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Alstom Chart |
1 Month Alstom Chart |
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