Cementos Pacasmayo Given Neutral Rating at JPMorgan Chase & Co. (CPAC)
Cementos Pacasmayo (NASDAQ:CPAC)‘s stock had its “neutral” rating reaffirmed by research analysts at JPMorgan Chase & Co. in a report released on Friday. They currently have a $9.00 price objective on the stock, down from their previous price objective of $10.00. JPMorgan Chase & Co.’s price objective suggests a potential upside of 9.76% from the company’s current price.
Cementos Pacasmayo (NASDAQ:CPAC) traded down 0.12% on Friday, hitting $8.35. The stock had a trading volume of 1,755 shares. Cementos Pacasmayo has a 1-year low of $8.15 and a 1-year high of $13.49. The stock has a 50-day moving average of $8.78 and a 200-day moving average of $9.57. The company has a market cap of $971.9 million and a price-to-earnings ratio of 18.58.
Cementos Pacasmayo (NASDAQ:CPAC) last released its earnings data on Thursday, May 1st. The company reported $0.12 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.16 by $0.04. Analysts expect that Cementos Pacasmayo will post $0.62 EPS for the current fiscal year.
Cementos Pacasmayo SAA is a Peru-based company principally engaged in the production, distribution and sale of construction materials.
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