Alstom: Invest Securities still a buyer, adjusts TP

(CercleFinance.com) - Invest Securities reinstates its "buy" rating on Alstom shares, while trimming its target price for them from 43.
9 euros to 42.2 euros, following 9m 2021-22 figures that are in line with expectations.

The "gradual" recovery trajectory seen in its EBITA margin seems to be intact, indeed reinforced, after this solid quarter which no longer seems to be disrupted by shortages, the analyst says, also noting the group's confirmation of its FY targets and outlook for 2024-25.


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