Buzzi Unicem (OTCMKTS:BZZUF) Upgraded to Buy by Zacks Investment Research

Buzzi Unicem (OTCMKTS:BZZUF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Thursday, reports. The firm presently has a $29.00 price target on the stock. Zacks Investment Research‘s target price points to a potential upside of 11.24% from the stock’s current price.

According to Zacks, “Buzzi Unicem S.p.A. produces cement, ready-mix concrete and construction aggregates. Buzzi Unicem S.p.A. is based in Casale Monferrato, Italy. “

BZZUF stock remained flat at $$26.07 during trading hours on Thursday. The business’s fifty day simple moving average is $26.27 and its 200-day simple moving average is $27.22. Buzzi Unicem has a fifty-two week low of $24.15 and a fifty-two week high of $29.00.

Buzzi Unicem Company Profile

Buzzi Unicem SpA engages in the production and sale of cement, ready-mix concrete and natural aggregates. Its operations are carried through the following geographical segments: Italy; Central Europe which comprises Germany, Luxembourg and the Netherlands; Eastern Europe which covers Poland, Czech Republic, Slovakia, Ukraine, and Russia; the United States of America; and Mexico.

See Also: Market Timing

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