PPC Cut to ‘Hold’ From ‘Buy’ at Deutsche Bank on weak outlook

PPC Cut to ‘Hold’ From ‘Buy’ at Deutsche Bank on weak outlook
Published: 12 November 2009

Pretoria Portland Cement Ltd., Africa’s biggest manufacturer of the building material, was cut to “hold” from “buy” at Deutsche Bank AG, which said it expects a “much weaker outlook” for the company over the short- to medium-term.