Nomura cuts Buzzi Unicem’s price target
Analysts at Nomura have lowered the share price target on Italian cement maker Buzzi Unicem to EUR12.50 from EUR14.
Last week Buzzi Unicem reported that its turnover declined by 24.1% last year to €2,671.8m. EBITDA fell by 41.3% to €541.7m and the trading profit was down by 53.7% to €323.0m.
Published under Cement News
