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Alstom SA ( (FR:ALO) ) has issued an update.
Alstom announced that NJ TRANSIT has ordered an additional 200 Multilevel III commuter rail cars and 12 ALP 45 dual-power locomotives, valued at approximately 1.0 billion euros. This purchase is part of NJ TRANSIT’s efforts to modernize its fleet, replacing older models with more efficient and environmentally friendly options. The new Multilevel III cars will enhance capacity, reliability, and passenger comfort, while the ALP 45 locomotives will provide cleaner, dual-power capabilities. This order strengthens Alstom’s position in the U.S. market and highlights its commitment to sustainable and innovative rail solutions.
The most recent analyst rating on (FR:ALO) stock is a Hold with a EUR25.00 price target. To see the full list of analyst forecasts on Alstom SA stock, see the FR:ALO Stock Forecast page.
More about Alstom SA
Alstom is a global leader in smart and sustainable mobility solutions, specializing in rolling stock and rail services. With over 60 years of experience, Alstom has sold more than 40,000 rail cars across 15 countries and has delivered over 12,000 vehicles for domestic rail agencies in the U.S., including high-speed trains.
Average Trading Volume: 1,077,618
Technical Sentiment Signal: Buy
Current Market Cap: €9.25B
See more data about ALO stock on TipRanks’ Stock Analysis page.