Lafargeholcim (LHN) Given a CHF 50 Price Target at J P Morgan Chase & Co
Lafargeholcim (VTX:LHN) received a CHF 50 price target from investment analysts at J P Morgan Chase & Co in a research note issued on Wednesday. The firm presently has a “neutral” rating on the stock. J P Morgan Chase & Co’s target price would suggest a potential downside of 5.84% from the company’s current price.
Several other equities analysts have also commented on LHN. Deutsche Bank set a CHF 63 price target on Lafargeholcim and gave the company a “neutral” rating in a research note on Monday, August 21st. Barclays set a CHF 52 price target on Lafargeholcim and gave the company a “sell” rating in a research note on Thursday, September 7th. Jefferies Group set a CHF 63 price target on Lafargeholcim and gave the company a “neutral” rating in a research note on Wednesday, September 27th. Kepler Capital Markets set a CHF 57 price target on Lafargeholcim and gave the company a “neutral” rating in a research note on Wednesday, September 27th. Finally, set a CHF 67 price objective on Lafargeholcim and gave the company a “buy” rating in a research report on Thursday, September 28th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of CHF 59.18.
Shares of Lafargeholcim (LHN) traded up CHF 0.60 during trading on Wednesday, hitting CHF 53.10. The stock had a trading volume of 2,580,000 shares, compared to its average volume of 2,130,000. Lafargeholcim has a 1 year low of CHF 50.45 and a 1 year high of CHF 60.80.
LafargeHolcim Ltd (LafargeHolcim) is a holding company operating in building materials industry. The Company’s segments include Asia Pacific, Latin America, Europe, North America and Middle East Africa. The Company has three product lines, such as Cement, which consists of clinker, cement and other cementitious materials; Aggregates, and Other construction materials and services, which consists of ready-mix concrete, concrete products, asphalt, construction and paving, trading and other products and services.
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