BofA Merrill Lynch lifts Italcementi price target

BofA Merrill Lynch lifts Italcementi price target
Published: 15 March 2011

Experts at Bank of AmericaMerrill Lynch have decided to raise the price target on the ordinary shares in Italian cement maker Italcementi to EUR 5.90 from the previous EUR 5.00.

The bank also lifted the price target on Italcementi’s savings shares to EUR 3.70 from EUR 3.10.
Italcementi ordinary shares were gaining 0.68% to EUR 7.455 at 0958 CET on the Milan Stock Exchange on Monday.