Analyst Price Target is $3.30
▲ +29.92% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Adbri in the last 3 months. The average price target is $3.30, with a high forecast of $3.30 and a low forecast of $3.30. The average price target represents a 29.92% upside from the last price of $2.54.
Current Consensus is
Hold
The current consensus among 2 contributing investment analysts is to hold stock in Adbri. This rating has held steady since February 2020, when it changed from a Sell consensus rating.
Adbri Limited manufactures, imports, distributes, and markets construction materials in Australia. The company operates in two segments, Cement, Lime, Concrete and Aggregates; and Concrete Products. It offers cement, lime, premixed concrete, aggregates, and sand; concrete bricks and blocks, pavers, retaining wall blocks; and industrial minerals comprising stockfield minerals and fillers, silica, and quick and hydrated lime. The company offers its products to residential and non-residential construction, engineering construction, industrial manufacturing, and mining markets. The company was formerly known as Adelaide Brighton Limited and changed its name to Adbri Limited in May 2020. Adbri Limited was founded in 1882 and is based in Sydney, Australia.
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