Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (NYSE:LOMA) Receives $14.80 Consensus PT from Analysts

Shares of Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (NYSE:LOMA) have been given an average rating of “Moderate Buy” by the five brokerages that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $14.80.

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of Loma Negra Compania Industrial Argentina in a report on Monday, December 29th.

Loma Negra Compania Industrial Argentina Trading Up 2.0%

NYSE LOMA opened at $10.10 on Monday. Loma Negra Compania Industrial Argentina has a 52-week low of $7.04 and a 52-week high of $14.17. The business’s 50-day moving average price is $11.71 and its 200 day moving average price is $10.53. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.24 and a quick ratio of 0.61.

Hedge Funds Weigh In On Loma Negra Compania Industrial Argentina

Large investors have recently bought and sold shares of the company. Van ECK Associates Corp acquired a new stake in shares of Loma Negra Compania Industrial Argentina in the 3rd quarter worth $28,000. Y Intercept Hong Kong Ltd purchased a new position in Loma Negra Compania Industrial Argentina during the second quarter worth about $121,000. Banco Santander S.A. acquired a new stake in Loma Negra Compania Industrial Argentina in the third quarter valued at about $101,000. Savant Capital LLC purchased a new stake in Loma Negra Compania Industrial Argentina in the 4th quarter valued at approximately $180,000. Finally, Mangrove Partners IM LLC acquired a new position in Loma Negra Compania Industrial Argentina during the 4th quarter worth approximately $201,000. Hedge funds and other institutional investors own 19.32% of the company’s stock.

Loma Negra Compania Industrial Argentina Company Profile

Loma Negra Compañía Industrial Argentina SA is the leading cement producer in Argentina, with a history dating back to its founding in Buenos Aires in 1926. The company operates an integrated network of cement and lime plants, as well as quarries and ready-mix concrete facilities. Its operations encompass the extraction of limestone, the production of clinker, hydraulic cement and quicklime, and the distribution of aggregates and concrete for a wide range of construction projects.

The company’s product portfolio serves residential, commercial, industrial and public infrastructure markets across Argentina.