Buzzi Unicem (OTCMKTS:BZZUY) Given New €20.00 Price Target at Barclays

Buzzi Unicem (OTCMKTS:BZZUYGet Rating) had its price target raised by Barclays from €18.50 ($18.88) to €20.00 ($20.41) in a research note issued to investors on Monday, The Fly reports.

Other equities analysts have also recently issued reports about the company. Morgan Stanley increased their price target on Buzzi Unicem from €18.50 ($18.88) to €19.10 ($19.49) and gave the stock an underweight rating in a report on Thursday, November 17th. JPMorgan Chase & Co. lowered their price target on Buzzi Unicem from €17.00 ($17.35) to €16.00 ($16.33) in a report on Wednesday, September 14th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. According to, the company presently has an average rating of Hold and a consensus target price of $21.03.

Buzzi Unicem Stock Performance

Shares of OTCMKTS:BZZUY opened at $9.00 on Monday. The business has a fifty day moving average of $7.78 and a two-hundred day moving average of $8.44. Buzzi Unicem has a 52-week low of $6.74 and a 52-week high of $11.11.

About Buzzi Unicem

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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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