AlphaValue Reaffirms buy Rating on Alcatel-Lucent SA (ALU)
Alcatel-Lucent SA opened at 0.884 on Friday. Alcatel-Lucent SA has a 52-week low of €0.71 and a 52-week high of €1.969. The company has a market cap of €2.005 billion and a price-to-earnings ratio of 2.38.
Other equities research analysts have also recently issued reports about the stock. Analysts at CIC Securities downgraded shares of Alcatel-Lucent SA to a “sell” rating in a research note to investors on Wednesday, November 21st. They now have a $0.77 price target on the stock. Separately, analysts at Landesbank Baden-Wuerttemberg downgraded shares of Alcatel-Lucent SA to a “sell” rating in a research note to investors on Tuesday, November 13th. They now have a $0.95 price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of Alcatel-Lucent SA in a research note to investors on Monday, November 12th. They now have a $0.57 price target on the stock.
Alcatel Lucent SA is a France based company that proposes solutions used by service providers, businesses, and governments worldwide to offer voice, data, and video services to their own customers.
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