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Jefferies Issues 8 Buy Calls in Cement Sector, Predicts Up to 56% Upside
Jefferies flags 8 cement stocks with up to 56% potential gain on demand rebound and margin recovery.
Global brokerage Jefferies has issued eight ‘Buy’ recommendations in the cement segment, citing softening fuel costs, better demand outlook and improving margin visibility. The firm believes these names are well‑positioned to benefit from a housing and infrastructure cycle pickup, forecasting potential upside as high as 56%.