Credit Suisse cuts Lafarge rating to "neutral"

Credit Suisse cuts Lafarge rating to "neutral"
Published: 14 January 2011

Credit Suisse has downgraded its rating on French cement maker Lafarge to "neutral" from "outperform", while raising the share price target to EUR 51 from EUR 48.

According to the broker, the higher energy costs will have a negative impact on the company.