LafargeHolcim: UBS raises target price
(CercleFinance.com) - UBS has reinstated its "buy" recommendation on LafargeHolcim share, having increased its corresponding target price from 57 Swiss francs to 61.
5 Swiss francs, which represents upside potential of 8%.
"We think a combination of short-term momentum and a mid-term transformation story leaves upside to the shares," the broker said in its comments on the Franco-Swiss building materials group.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
5 Swiss francs, which represents upside potential of 8%.
"We think a combination of short-term momentum and a mid-term transformation story leaves upside to the shares," the broker said in its comments on the Franco-Swiss building materials group.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.