BKK:SCC

Yuanta Securities Downgrades Siam Cement to Hold from Buy; Price Target is THB290

Siam Cement (BKK:SCC) has an average rating of overweight and mean price target of 246.23 baht, according to analysts polled by FactSet.

Siam Cement's Attributable Profit Drops in Q2

Siam Cement's (BKK:SCC) attributable profit to equity holders dropped to 11.5 billion baht in the second quarter from 17.3 billion baht a year earlier, according to a Wednesday filing with the Thailand Exchange.Earnings per share came in at 9.61 baht, versus 14.5 baht in the year-ago period, the Thai conglomerate said.

Asia Plus Securities Upgrades Siam Cement to Buy from Trading; Price Target is THB280

Siam Cement (BKK:SCC) has an average rating of overweight and mean price target of 232.95 baht, according to analysts polled by FactSet.

Krungsri Securities Upgrades Siam Cement to Buy From Neutral; Price Target is THB285

Siam Cement (BKK:SCC) has an average rating of overweight and mean price target of 232.95 baht, according to analysts polled by FactSet.

UB Kay Hian Upgrades Siam Cement to Buy from Hold; Price Target is THB290

Siam Cement (BKK:SCC) has an average rating of overweight and mean price target of 225.46 baht, according to analysts polled by FactSet.

Siam Cement to Suspend Operations at Vietnam Plant Amid Middle East Crisis

Siam Cement Group (BKK:SCC) will temporarily suspend operations at its Long Son Petrochemicals plant in Vietnam from around mid-May due to prolonged supply disruptions linked to Middle East tensions.The shutdown is expected to incur fixed cash costs of about 250 million baht per month, according to a Wednesday Thailand Exchange filing.The company said difficulties in sourcing feedstock, despite efforts to secure alternative supplies outside the Strait of Hormuz, have raised costs and affected supply continuity.SCG said the plant will undergo maintenance during the suspension, while preparations continue for its ethane feedstock project to support long-term competitiveness.Other operations, including its Rayong Olefins plant in Thailand and broader businesses, continue with adjustments, the company added.

UBS Downgrades Siam Cement to Neutral from Buy; Price Target is THB232

Krungsri Securities Upgrades Siam Cement to Buy from Neutral; Price Target is THB245

Siam Cement (BKK:SCC) has an average rating of hold and mean price target of 202.47 baht, according to analysts polled by FactSet.

UOB Kay Hian Downgrades Siam Cement to Hold from Sell; Price Target is THB234

Siam Cement (BKK:SCC) has an average rating of hold and mean price target of 202.47 baht, according to analysts polled by FactSet.