Alstom SA
ALO: XPAR (FRA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€83.70 | Zkzbyxs | Wpcrbfnq |
No Change to Alstom's Fair Value Estimate
Business Strategy and Outlook
We are positive on the growth prospects of Alstom and the global rail transport industry as a whole. A major step-up in global efforts to address environmental concerns through increased availability of capital for sustainable infrastructure, of which rail is a big beneficiary, is a trend, which in our opinion will see an acceleration over the coming decade.