Lafarge S.A. Downgraded by UBS AG to “Neutral” (LFRGY)
Lafarge S.A. (NASDAQ:LFRGY) was downgraded by investment analysts at UBS AG from a “buy” rating to a “neutral” rating in a note issued to investors on Thursday, TheFlyOnTheWall.com reports.
Lafarge S.A. (NASDAQ:LFRGY) opened at 16.33 on Thursday. Lafarge S.A. has a 52-week low of $13.58 and a 52-week high of $18.39. The stock’s 50-day moving average is $16.81 and its 200-day moving average is $16.42. The company has a market cap of $18.767 billion and a P/E ratio of 27.18.
Lafarge SA (NASDAQ:LFRGY), incorporated in 1884, produces and sells building materials, which includes cement, aggregates, ready mix, concrete, gypsum wallboard, and related products worldwide, primarily under the Lafarge brand.
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