Medium term view - COLAS : Prices are still making progress.
The background trend is clearly bullish. Prices are still making progress.The following targets are at €190.20 and €205.20. The trend would be invalidated below the support at
€166.51.
Colas is engaged in the construction and maintenance of transport infrastructures. Co. integrates all production and recycling activities involved in most of these businesses via an international network of quarries, emulsion plants, asphalt and ready-mix concrete plants, and plants that produce bitumen, manufacture waterproofing membranes, and make road safety equipment. Co. conducts its business activities through two operating divisions: Roads, which is Co.'s core business, and Specialized Business Activities. Co. is also a stakeholder in infrastructure concessions and management companies, including motorways as well as city road networks and public transport.
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