Goldman Sachs analyst Ben Rada Martin initiated coverage of Holcim (HCMLY) with a Buy rating and CHF 75 price target The firm sees the company continuing to deliver sustained earnings growth out to 2030, largely from positive price/cost management and Europe volumes, and despite the recent share price strength, Goldman believes that the upside from its target price remains compelling, the analyst tells investors in a research note. The firm adds tha tconsensus estimates likely don’t reflect the recent divestment of Nigeria.
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