Boral Limited Rating Reiterated by Commonwealth Bank (BLD)
Boral Limited (ASX:BLD)‘s stock had its “neutral” rating reiterated by equities researchers at Commonwealth Bank in a research report issued on Thursday, American Banking News reports.
Shares of Boral Limited (ASX:BLD) traded up 1.77% during mid-day trading on Thursday, hitting A$4.885. 3,668,571 shares of the company’s stock traded hands. Boral Limited has a one year low of A$3.340 and a one year high of A$5.280. The stock has a 50-day moving average of A$4.50 and a 200-day moving average of A$4.54. The company’s market cap is A$3.781 billion.
A number of other analysts have also recently weighed in on BLD. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Boral Limited (ASX:BLD) in a research note to investors on Tuesday, August 6th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of A$4.26 ($4.02).
Boral Limited (ASX:BLD) is engaged in the manufacture and supply of building and construction materials in Australia, the United States and Asia.
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