Cementos Pacasmayo announced that the Swiss company Holcim has signed an agreement to purchase Inversiones Aspi of the Hochschild Group, which controls 50.01% of Cementos Pacasmayo. The valuation of S/ 5,100 MM has been made at a multiple of nine times EBITDA based on the twelve-month period ending in September, which set an all-time EBITDA record for the company. "We are very pleased and proud of this transaction. For 68 years, we have dedicated ourselves to our values, commitment, and history, always focused on our customers. Thanks to this dedication, we have built a strong brand and a world-class production and commercial operation that has positioned us among the most profitable cement companies in Latin America. We are confident that the extraordinary Pacasmayo team will continue to contribute to creating value for shareholders, not only in Peru but also globally. Our people are our most valuable asset, and now a world of possibilities opens up for them. We are proud of Holcim's investment in us, and this new shareholder allows us to be part of a company we have always admired and with which we share values, ethics, and a vision for the future. This marks the beginning of a new chapter in our history and, above all, is a great sign of confidence in our country." The transaction is subject to regulatory approval and we believe it will take place in the first half of 2026.
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: 10.980
Low
12.80
Averages
12.80
High
12.80
Current: 10.980
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.
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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.
