ENXTPA:ALOMachinery
Alstom (ENXTPA:ALO) Stock Valuation After TGV-M Regulatory Milestone And Upcoming Commercial Launch
Alstom (ENXTPA:ALO) has cleared a key regulatory hurdle, with the European Railways Agency granting marketing authorisation for its TGV-M high speed train. This step moves the project closer to commercial service.
See our latest analysis for Alstom.
The regulatory progress on TGV-M comes after a tough share price period, with Alstom’s stock at €16.19 and the 90 day share price return down 30.37%, while the 1 year total shareholder return is down 14.11%. This suggests that sentiment is still...