Share on StockTwits

Investment analysts at Morningstar raised their target price on shares of Adelaide Brighton (ASX:ABC) to $3.75 in a note issued to investors on Wednesday, ARN reports. The firm currently has a “hold” rating on the stock.

Adelaide Brighton Ltd is an Australia-based company engaged in the manufacture and distribution of cement, and cementitious products, lime, premixed concrete, aggregates, sand and concrete products.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.