Analysts at Cordros Securities have revised their initial target price for Lafarge shares for the full-year 2025, raising it by 4.0% to N104.71 per share.
Following Lafarge’s stronger-than-expected Q1 2025 results in volume and overall performance, the financial services firm has revised its previous target price of N100.68 per share.
In a recently published equity research update, Cordros highlighted Lafarge’s impressive 80.3% revenue growth in Q1, along with a favorable price-to-volume mix, as key drivers behind the upward revision.