Ownership Change Announcement: Cementos Pacasmayo S.A.A. stock surged after Holcim Ltd. agreed to acquire its controlling shareholder, Inversiones Aspi S.A., for an enterprise valuation of approximately 5.1 billion Peruvian soles (~$1.4 billion).
Market Reaction: Following the announcement, Cementos Pacasmayo shares rose by nearly 49%, reaching a new 52-week high, as investors anticipated the benefits of the acquisition and the backing of a major global cement company.
Future Growth Potential: Company executives highlighted that the deal rewards long-term shareholders and positions Cementos Pacasmayo for accelerated growth, creating new opportunities for employees and expanding its international presence.
Regulatory Approval Process: The acquisition is subject to regulatory approvals, with expectations for the process to conclude in the first half of 2026, assuming customary reviews proceed smoothly.
Wall Street analysts forecast CPAC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CPAC is 12.80 USD with a low forecast of 12.80 USD and a high forecast of 12.80 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast CPAC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CPAC is 12.80 USD with a low forecast of 12.80 USD and a high forecast of 12.80 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
1 Hold
0 Sell
Hold
Current: 10.970
Low
12.80
Averages
12.80
High
12.80
Current: 10.970
Low
12.80
Averages
12.80
High
12.80
Scotiabank
Sector Perform
upgrade
2025-12-19
Reason
Scotiabank
Price Target
AI Analysis
2025-12-19
upgrade
Sector Perform
Reason
Scotiabank raised the firm's price target on Cementos Pacasmayo to $12.80 from $6.40 and keeps a Sector Perform rating on the shares following the announcement of Holcim's planned acquisition of Inversiones Aspi.
Scotiabank
Sector Perform
maintain
$6
2025-06-04
Reason
Scotiabank
Price Target
$6
2025-06-04
maintain
Sector Perform
Reason
Scotiabank raised the firm's price target on Cementos Pacasmayo 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.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for CPAC
Unlock Now
About CPAC
Cementos Pacasmayo SAA is a Peru-based company principally engaged in the elaboration and manufacture of cements, lime, aggregates, cement blocks and bricks, premixed concrete and sale of construction materials. The Company is active in the development of traditional and blended cement, ready-mix concrete, mortars, quicklime, concrete blocks, diatomite bricks and aggregates, among others. It manages all kind of mining activities exploration, prospecting, development, exploitation, commercialization, general work, beneficiation and transportation. Additionally, the Company provides various services and construction solutions, such as concrete pumping, metal shuttering systems, pavement service and delivery of construction materials. The Company owns a number of subsidiaries around Latin America and other localizations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
