Deutsche Bank cuts Italcementi price target to EUR 6.50
Deutsche Bank has revised down to EUR 6.50 from EUR 7.00 the share price target on Italian cement maker Italcementi.
On Friday Italcementi’s board approved the first-half results that showed a consolidated net profit of EUR 81.8 million (USD 107m), down 35.8% on the year.
Italcementi shares closed Friday trading in Milan at EUR 6.28, plunging 3.01%.
Published under Cement News
