|Over a quarter ago|
Cementos Argos initiated with a Sell at UBS » 08:2809/2909/29/20
UBS analyst Alberto…
UBS analyst Alberto Valerio initiated coverage of Cementos Argos with a Sell rating as part of a broader research note on Cement names in Latin America. The analyst contends that the impact of the Covid pandemic on the industry will not be as bad as feared by the market, but he is negative on the name because of its exposure to South America at 51% of its EBITDA as well as the non-residential segment in the U.S. market at about 65% of its overall U.S. revenue.
Cementos Argos downgraded to Sector Perform from Outperform at Scotiabank » 05:3709/0909/09/20
Scotiabank analyst Francisco Savin downgraded Cementos Argos to Sector Perform from Outperform with a COP 5,800 price target.
Cementos Argos upgraded to Outperform from Neutral at Credit Suisse » 05:2204/2904/29/20
Credit Suisse analyst…
Credit Suisse analyst Vanessa Quiroga upgraded Cementos Argos to Outperform from Neutral with a price target of COP 5,700.