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Enter Symbol:
 
Lafarge S.A. (ADR) (LFRGY) [hlAlert]

Rating:
Strong Buy
LFRGY
3 Months Gains
up 2.30 %

Lafarge S.A. (ADR) (LFRGY) rated Strong Buy by Raymond James

Posted on: Tuesday,  Jun 23, 2015  10:25 AM ET by Raymond James

Lafarge S.A. (ADR) (OTCBB:
LFRGY) rated Strong Buy by Raymond James.

Lafarge S.A. (Lafarge), incorporated in 1884, produces and sells building materials, which includes cement, aggregates, ready mix, concrete, gypsum wallboard, and related products worldwide, primarily under the Lafarge brand. Its products are used to build and renovate residential, commercial and public works worldwide. The Company operates in three operating segments: Cement, Aggregates & Concrete and Gypsum. The Cement segment produces and sells a range of cement and hydraulic binders adapted to the needs of the construction industry. The Aggregates & Concrete segment produces and sells aggregates, ready mix concrete, other concrete products and, relating to paving activities other products and services. The Gypsum segment mainly produces and sells drywall for the commercial and residential construction sectors. In July 2009, the Company sold its Chilean cement, aggregates and concrete assets to the Peruvian Brescia Group. In May 2009, the Company sold its operations in Turkey.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/23/2015 10:25 AM Buy
None
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/25/2013 8:25 AM Buy
None
15.64

(*) Stock Price at the time of the recommendation.
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