HOLCIM : UBS raises price target
The analyst remains neutral on the stock, but raises his price target to 80 Swiss francs (from 66 Swiss francs), which represents a potential upside of 6%.
' We are moving to a target valuation of CHF 80 per share, which implies limited upside potential', says UBS.
For 2024, the Swiss building materials group forecasts, among other things, organic sales growth of over 4%, over-proportional growth in recurring EBIT and an increase in recurring operating margin to 18%.
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