Vicat (OTCMKTS:SDCVF) Given New €29.00 Price Target at Barclays

Vicat (OTCMKTS:SDCVFGet Rating) had its price objective trimmed by Barclays from €30.00 ($30.93) to €29.00 ($29.90) in a research report released on Monday, The Fly reports.

Several other analysts also recently weighed in on SDCVF. Berenberg Bank dropped their price objective on Vicat from €40.00 ($41.24) to €32.00 ($32.99) in a research report on Monday, June 13th. Exane BNP Paribas downgraded Vicat from an outperform rating to a neutral rating and set a €32.00 ($32.99) target price for the company. in a research report on Tuesday, July 26th. Finally, Citigroup dropped their target price on Vicat to €43.00 ($44.33) and set a buy rating for the company in a research report on Monday, May 9th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of Hold and an average target price of $34.00.

Vicat Stock Performance

Shares of SDCVF stock opened at $26.50 on Monday. Vicat has a twelve month low of $26.03 and a twelve month high of $50.58. The business has a fifty day simple moving average of $30.20 and a 200 day simple moving average of $34.90.

Vicat Company Profile

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Vicat SA produces and sells cement, ready-mixed concrete, and aggregates. The company operates in three segments: Cement, Concrete & Aggregates, and Other Products & Services. It offers various cement products, including Portland cement, Portland composite cement, blast furnace cement, slag cement, and Pozzolan cement for the general contractors, such as concrete mixers; manufacturers of precast concrete products; construction and public works contractors; local authorities; residential property developers or master masons; and construction material wholesalers or retail chains.

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