Analyst Price Target is GBX 3,983.33
▲ +24.48% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for RHI Magnesita in the last 3 months. The average price target is GBX 3,983.33, with a high forecast of GBX 4,150 and a low forecast of GBX 3,800. The average price target represents a 24.48% upside from the last price of GBX 3,200.
Current Consensus is
Moderate Buy
The current consensus among 3 contributing investment analysts is to moderate buy stock in RHI Magnesita. This Moderate Buy consensus rating has held steady for over two years.
RHI Magnesita is the leading global supplier of high-grade refractory products, systems and solutions which are critical for high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals and glass. With a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions, RHI Magnesita serves customers around the world, with around 22,000 employees in 47 main production sites, 9 recycling facilities and more than 70 sales offices.
RHI Magnesita intends to leverage its leadership in terms of revenue, scale, product portfolio and diversified geographic presence to target strategically those countries and regions benefitting from more dynamic economic growth prospects.
The Group is listed within the Equity Shares (Commercial Companies) category ("ESCC") of the Official List of the London Stock Exchange (symbol: RHIM) and is a constituent of the FTSE 250 index, with a secondary listing on the Vienna Stock Exchange (Wiener Börse).
For more information please visit: www.rhimagnesita.com
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