Berenberg downgrades Amrize rating due to roofing sector concerns
AMRZ Amrize Ltd
$42.82 +2.27%
View chart & analysis → - 1Berenberg downgraded Amrize from buy to hold.
- 2The new price target for Amrize was lowered to $46.
- 3The average earnings per share forecasts for Amrize for 2027 and 2028 were lowered by 5%.
So what's the key point?
Berenberg stopped recommending Amrize and changed its rating to hold. By lowering the expected earnings by 5%, experts have reduced expectations for the stock to rise further.
Source Investing.com · View original ↗
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