Buzzi Unicem (OTCMKTS:BZZUY) Price Target Cut to €16.00 by Analysts at JPMorgan Chase & Co.

Buzzi Unicem (OTCMKTS:BZZUYGet Rating) had its price objective reduced by JPMorgan Chase & Co. from €17.00 ($17.35) to €16.00 ($16.33) in a report issued on Wednesday morning, The Fly reports.

Separately, Barclays lowered their price target on Buzzi Unicem from €20.00 ($20.41) to €19.50 ($19.90) in a report on Wednesday, May 18th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of Hold and a consensus price target of $20.63.

Buzzi Unicem Stock Up 2.8 %

OTCMKTS:BZZUY opened at $7.96 on Wednesday. Buzzi Unicem has a 52-week low of $7.74 and a 52-week high of $12.00. The stock has a fifty day simple moving average of $8.68 and a 200-day simple moving average of $8.95.

Buzzi Unicem Company Profile

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Buzzi Unicem S.p.A., together with its subsidiaries, manufactures, distributes, and sells cement, ready-mix concrete, and aggregates. It also offers special binders, safety sheets, and clinkers, as well as construction hydraulic binders for making plasters and masonry works on site. The company has operations in Italy, the United States, Germany, Luxembourg, the Netherlands, Poland, the Czech Republic, Slovakia, Ukraine, Russia, Mexico, and Brazil.

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