Imerys sees stock rating slashed by HSBC
Published: Friday, 06 July 2012
Rating cut to “underweight”; French housing market blamed
department of global investment bank HSBC has slashed its
recommendation for the shares of
Imerys SA, the worlds largest industrial mineral
company, to underweight.
A weak French housing market was cited as the main factor
behind the cut, Bloomberg reported, and, as much...