Exane BNP Paribas maintains rating on Italcementi

Exane BNP Paribas maintains rating on Italcementi
Published: 03 September 2010

Exane BNP Paribas affirmed on Thursday a "neutral" rating on the stock of Italcementi, keeping the cement producer’s share price target at EUR 7.00.

The bank deems the low evaluation of Italcementi’s shares is making them attractive.

Yet, the company should expect low profits as a result of the less favourable geographical mix.