Shares in Lafarge SA have been upgraded to ’hold’ from ’sell’ at SG Securities, with an increased fair value target of Euro 89 from Euro 63, dealers said. SG said Groupe Bruxelles Lambert’s 6.5 per cent stake in Lafarge gives the stock a speculative aspect and makes a substantial restructuring of the company more likely. Published under Cement News
Shares in Lafarge SA have been upgraded to ’hold’ from ’sell’ at SG Securities, with an increased fair value target of Euro 89 from Euro 63, dealers said. SG said Groupe Bruxelles Lambert’s 6.5 per cent stake in Lafarge gives the stock a speculative aspect and makes a substantial restructuring of the company more likely. Published under Cement News
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