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(CercleFinance.com) – HeidelbergCement wins 3% in Frankfurt, helped by UBS’s reaffirmation of its buy recommendation with an adjusted price target of 71.5 to 73 euros for the German building materials group.
The initial outlook for 2021 is more optimistic than we thought, but we are keeping our estimates broadly unchanged, » said the broker, who also acknowledges a « good start to the year so far ».
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