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

PPC Cut to ‘Hold’ From ‘Buy’ at Deutsche Bank on weak outlook
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. Published under Cement News