Adbri (OTCMKTS:ADBCF) Upgraded to “Hold” by Jefferies Financial Group

Jefferies Financial Group upgraded shares of Adbri (OTCMKTS:ADBCF) from an underperform rating to a hold rating in a research note released on Tuesday, FlyOnTheWall reports.

Adbri Price Performance

Shares of Adbri stock opened at $1.64 on Tuesday. The firm’s 50-day moving average price is $1.36 and its two-hundred day moving average price is $1.21. Adbri has a 1-year low of $1.64 and a 1-year high of $1.64.

Adbri Company Profile

Adbri Limited manufactures and distributes construction materials in Australia. The company operates in two segments: Cement, Lime, Concrete and Aggregates; and Masonry. It provides cement, lime, premixed concrete, aggregates, and sand; various concrete bricks, besser blocks, pavers, and retaining wall blocks; and industrial minerals comprising agricultural lime products, stockfield minerals and fillers for glass manufacturing, and quick and hydrated lime for industrial processing and water treatment applications.