JPMorgan Chase & Co. Analysts Give Lafargeholcim (LHN) a CHF 50 Price Target
Lafargeholcim (VTX:LHN) has been assigned a CHF 50 price target by JPMorgan Chase & Co. in a research report issued to clients and investors on Wednesday. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price would indicate a potential downside of 15.57% from the stock’s current price.
A number of other research firms have also issued reports on LHN. UBS Group set a CHF 57 target price on shares of Lafargeholcim and gave the stock a “neutral” rating in a report on Monday. HSBC set a CHF 63 target price on shares of Lafargeholcim and gave the stock a “neutral” rating in a report on Friday, January 12th. Deutsche Bank set a CHF 55 target price on shares of Lafargeholcim and gave the stock a “neutral” rating in a report on Wednesday, January 10th. Sanford C. Bernstein set a CHF 66 target price on shares of Lafargeholcim and gave the stock a “buy” rating in a report on Tuesday, January 16th. Finally, Barclays set a CHF 50 target price on shares of Lafargeholcim and gave the stock a “sell” rating in a report on Monday, October 30th. One analyst has rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of CHF 59.83.
Shares of Lafargeholcim (VTX LHN) opened at CHF 59.22 on Wednesday. Lafargeholcim has a 1-year low of CHF 50.45 and a 1-year high of CHF 60.80. The stock has a market cap of $35,940.00 and a price-to-earnings ratio of 18.86.
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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