HeidelbergCement AG (ETR:HEI) has been given a €85.00 ($101.19) target price by investment analysts at Kepler Capital Markets in a research note issued to investors on Wednesday, August 30th. The brokerage currently has a “buy” rating on the basic materials company’s stock.
Several other brokerages have also recently commented on HEI. Societe Generale set a €87.00 ($103.57) price objective on shares of HeidelbergCement AG and gave the company a “neutral” rating in a research report on Friday, May 12th. J P Morgan Chase & Co restated a “neutral” rating on shares of HeidelbergCement AG in a research report on Tuesday, August 15th. Deutsche Bank AG set a €89.00 ($105.95) price objective on shares of HeidelbergCement AG and gave the company a “neutral” rating in a research report on Saturday, May 20th. UBS AG set a €88.00 ($104.76) price objective on shares of HeidelbergCement AG and gave the company a “neutral” rating in a research report on Wednesday, May 10th. Finally, Citigroup Inc. set a €95.00 ($113.10) price objective on shares of HeidelbergCement AG and gave the company a “neutral” rating in a research report on Thursday, May 11th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company’s stock. HeidelbergCement AG has an average rating of “Hold” and an average price target of €93.32 ($111.09).
HeidelbergCement AG (HEI) traded down 0.355% during midday trading on Wednesday, reaching €82.195. The company had a trading volume of 100 shares. The firm has a market capitalization of €16.34 billion and a PE ratio of 21.802. HeidelbergCement AG has a 12 month low of €76.95 and a 12 month high of €94.42. The firm’s 50-day moving average price is €81.39 and its 200 day moving average price is €85.14.
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HeidelbergCement AG Company Profile
HeidelbergCement AG produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. Its cement products include special cements with targeted characteristics, special geotechnical building materials, and a range of binders. The company offers natural stone and crushed aggregates, including sand, gravel, stone chippings, and crushed stones; concrete/ready-mixed concrete that is used for the production of precast concrete parts, such as stairs, ceiling elements, or structural components, as well as for use in the construction of tunnels or bridges, office buildings, and schools; and asphalt, which is primarily used in the building of traffic infrastructure comprising roads, walkways, and parking lots.
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