The bank Société Générale has reiterated its 'buy' recommendation for Lafarge stock and raised its target share price for the French construction materials group from €41 to €54. Société Générale has raised its expectations for Lafarge performance between 2012-15, anticipating an increase of 2% in the company’s turnover, and an increase of 3-5% in Ebitda.
The bank Societe Generale has reiterated its ‘buy’ recommendation for Lafarge stock and raised its target share price for the French construction materials group from €41 to €54. Société Générale has raised its expectations for Lafarge performance between 2012-15, anticipating an increase of 2% in the company’s turnover, and an increase of 3-5% in Ebitda.
