Aveng - JP Morgan lift's Aveng rating to neutral

Wednesday 10th February, 2010
Aveng yesterday rallied 2.4% to R36.85 in early trade before closing higher at R37.02. JP Morgan Chase yesterday said Aveng, the country's largest building and engineering company by market value, is it's favourite South African construction stock. It raised it's recommendation on South African construction shares to "neutral" from "underweight".