Cementos Pacasmayo price target raised to $6.40 from $6 at Scotiabank

Scotiabank raised the firm’s price target on Cementos Pacasmayo (CPAC) to $6.40 from $6 and keeps a Sector Perform rating on the shares. The firm remains on the sidelines for Cementos, despite the upside risks if marketing and acquisition takes place, the analyst tells investors.