Boral Limited’s “Neutral” Rating Reaffirmed at Credit Suisse (BLD)
Boral Limited (ASX:BLD)‘s stock had its “neutral” rating reiterated by stock analysts at Credit Suisse in a report issued on Sunday, StockRatingsNetwork reports. They currently have a $4.60 target price on the stock.
Shares of Boral Limited (ASX:BLD) traded up 1.25% during mid-day trading on Friday, hitting A$4.860. 4,683,277 shares of the company’s stock traded hands. Boral Limited has a 1-year low of A$3.340 and a 1-year high of A$5.280. The stock’s 50-day moving average is A$4.52 and its 200-day moving average is A$4.54. The company’s market cap is A$3.762 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Commonwealth Bank reiterated a “neutral” rating on shares of Boral Limited (ASX:BLD) in a research note to investors on Thursday. Finally, 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 research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of A$4.41 ($4.16).
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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