HOLCIM : price target raised by Oddo BHF
According to the research firm, the key factor is undoubtedly the planned demerger of the North American activities in order to crystallize value, an operation which 'will undoubtedly unlock value in the medium term'.
In the short term, Oddo BHF prefers its peer CRH, which is due to enter the US indices in March. Like CRH, the rerating of Holcim's multiple will take time", warns the analyst.
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