Banco Santander: positive outlook for Mexican cement companies

Banco Santander: positive outlook for Mexican cement companies
Published: 07 September 2016


Banco Santander analysts have upgraded their forecast on share prices of two key Mexican cement producers. The bank expects the company’s share price to rise 8.5 per cent in the next 12 months to MXN17.10/share. For Elementia, the share price would advance by 24.5 per cent in 2017 to MXN28/share.





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