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The latest announcement is out from Alstom SA ( (FR:ALO) ).
Alstom has signed a contract with Landesanstalt Schienenfahrzeuge Baden-Württemberg to supply 26 additional Coradia Max double-decker regional trains and provide full maintenance services until 2055, in a deal valued at around €500 million. The trains, part of an expansion option following a 2022 framework for up to 230 units, will be phased into service from December 2026 on key regional routes in Baden-Württemberg, boosting capacity, comfort and speed with 200 km/h operation, 380-seat four-car configurations, barrier-free access and modern digital signalling aligned with the Stuttgart digital hub project. This investment, which brings the state’s total Coradia Max fleet to 156 units, strengthens Baden-Württemberg’s positioning as a pioneer in climate-friendly regional rail and secures Alstom a long-term service footprint and recurring revenue stream in one of Germany’s most strategically important regional transport markets.
The most recent analyst rating on (FR:ALO) stock is a Hold with a EUR27.00 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 SA is a global leader in smart and sustainable mobility, designing and manufacturing rolling stock such as regional and high-speed trains, and providing long-term maintenance and servicing solutions for rail operators worldwide, with a strong presence in European passenger rail markets.
Average Trading Volume: 1,000,516
Technical Sentiment Signal: Buy
Current Market Cap: €11.96B
For a thorough assessment of ALO stock, go to TipRanks’ Stock Analysis page.