Buzzi S.p.A. (OTCMKTS:BZZUY) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Buzzi S.p.A. (OTCMKTS:BZZUY) have been assigned a consensus recommendation of “Hold” from the five brokerages that are covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company.

A number of brokerages have recently issued reports on BZZUY. Jefferies Financial Group initiated coverage on Buzzi in a research note on Monday. They issued a “hold” rating on the stock. Citigroup reaffirmed a “neutral” rating on shares of Buzzi in a research note on Thursday, May 21st.

Buzzi Stock Performance

BZZUY traded up $0.26 during trading on Monday, reaching $25.57. 6,957 shares of the stock traded hands, compared to its average volume of 1,745. The stock’s 50-day moving average is $26.54 and its 200 day moving average is $27.69. Buzzi has a 12 month low of $23.40 and a 12 month high of $32.22.

Buzzi Company Profile

Buzzi Unicem S.p.A., trading in the United States under the ticker OTCMKTS:BZZUY, is an international manufacturer and distributor of cement, ready-mix concrete and aggregates. Headquartered in Casale Monferrato, Italy, the company operates integrated production facilities that supply key construction markets. Its primary activities encompass quarrying, cement production, concrete batching and logistics for building materials, serving both commercial and infrastructure projects.

With a broad geographic footprint, Buzzi Unicem maintains operations across Western and Eastern Europe, North America and select markets in Latin America.