Zacks: Cementos Pacasmayo S.A.A. American Depositary Shares (Each representing five ) (CPAC) Receives Average Recommendation of “Sell” from Brokerages

Cementos Pacasmayo S.A.A. American Depositary Shares (Each representing five ) (NYSE:CPAC) has earned an average broker rating score of 3.50 (Sell) from the two analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a sell recommendation and one has given a hold recommendation to the company.

Brokerages have set a twelve-month consensus target price of $11.85 for the company, according to Zacks. Zacks has also given Cementos Pacasmayo S.A.A. American Depositary Shares (Each representing five ) an industry rank of 69 out of 265 based on the ratings given to its competitors.

CPAC has been the subject of several analyst reports. Barclays lifted their price objective on shares of Cementos Pacasmayo S.A.A. American Depositary Shares (Each representing five ) from $11.00 to $12.00 and gave the company an “equal weight” rating in a research note on Friday, October 27th. BidaskClub lowered shares of Cementos Pacasmayo S.A.A. American Depositary Shares (Each representing five ) from a “sell” rating to a “strong sell” rating in a research note on Wednesday, November 15th. Finally, Zacks Investment Research lowered shares of Cementos Pacasmayo S.A.A. American Depositary Shares (Each representing five ) from a “buy” rating to a “hold” rating in a research note on Monday, February 5th.

Cementos Pacasmayo S.A.A. American Depositary Shares (CPAC) traded up $0.10 during trading on Wednesday, hitting $12.20. 417 shares of the stock traded hands, compared to its average volume of 6,639. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.62 and a current ratio of 3.61. Cementos Pacasmayo S.A.A. American Depositary Shares has a fifty-two week low of $9.04 and a fifty-two week high of $13.49. The stock has a market cap of $1,021.53, a PE ratio of 39.35, a P/E/G ratio of 0.78 and a beta of 1.15.

Several hedge funds have recently added to or reduced their stakes in CPAC. Renaissance Technologies LLC acquired a new stake in shares of Cementos Pacasmayo S.A.A. American Depositary Shares (Each representing five ) in the 4th quarter valued at $160,000. Dimensional Fund Advisors LP lifted its position in Cementos Pacasmayo S.A.A. American Depositary Shares (Each representing five ) by 11.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 76,297 shares of the construction company’s stock worth $872,000 after acquiring an additional 8,067 shares during the last quarter. Finally, Investec Asset Management LTD lifted its position in Cementos Pacasmayo S.A.A. American Depositary Shares (Each representing five ) by 24.0% during the 3rd quarter. Investec Asset Management LTD now owns 265,939 shares of the construction company’s stock worth $3,385,000 after acquiring an additional 51,464 shares during the last quarter. 4.41% of the stock is owned by institutional investors and hedge funds.

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About Cementos Pacasmayo S.A.A. American Depositary Shares (Each representing five )

Pacasmayo Cement Corp, formerly Cementos Pacasmayo SAA, is a Peru-based company principally engaged in the production, distribution and sale of construction materials. The Company is active in the development of traditional and blended cement, ready-mix concrete, mortars, quicklime, concrete blocks, diatomite bricks and aggregates, among others.

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