Equita Sim raises the price target for Italcementi – Reuters

          

Equita Sim raised its price target for Italcementi 10.6 Euros, equivalent to the offer price which HeidelbergCement will launch ‘on floating after the agreement with Italmobiliare. The judgment on the title and ” hold ‘. The Germans will buy the overwhelming percentage of the Pesenti to 10.6 euro per

share, a price that values ​​the equity of Italcementi to about 3.7 billion euro, ie ’21.5 times earnings expected for 2017 and 7.5 times EV / EBITDA (9.6 times if the calculation is made for 2015).

(AM)