Deutsche Bank AG set a €99.00 ($115.12) price objective on HeidelbergCement AG (ETR:HEI) in a research report released on Wednesday, July 5th. The firm currently has a buy rating on the basic materials company’s stock.
Several other research analysts have also recently issued reports on HEI. UBS AG set a €88.00 ($102.33) price objective on HeidelbergCement AG and gave the stock a neutral rating in a research note on Wednesday, May 10th. Societe Generale set a €87.00 ($101.16) price objective on HeidelbergCement AG and gave the stock a neutral rating in a research note on Saturday, May 20th. Commerzbank Ag set a €80.00 ($93.02) price objective on HeidelbergCement AG and gave the stock a sell rating in a research note on Saturday, May 20th. HSBC Holdings plc set a €117.00 ($136.05) price objective on HeidelbergCement AG and gave the stock a buy rating in a research note on Monday, April 3rd. Finally, Barclays PLC set a €80.00 ($93.02) price objective on HeidelbergCement AG and gave the stock a sell rating in a research note on Saturday, May 20th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and nine have issued a buy rating to the company’s stock. HeidelbergCement AG presently has a consensus rating of Hold and an average target price of €94.90 ($110.35).
HeidelbergCement AG (ETR HEI) traded down 0.444% on Wednesday, hitting €83.886. The stock had a trading volume of 724 shares. The stock’s 50-day moving average is €86.06 and its 200 day moving average is €86.70. The firm has a market capitalization of €16.64 billion and a price-to-earnings ratio of 23.186. HeidelbergCement AG has a 1-year low of €73.06 and a 1-year high of €94.42.
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About HeidelbergCement AG
Heidelbergcement AG is a Germany-based building materials company. Its products are used for the construction of houses, infrastructure and commercial and industrial facilities. The Company operates through for segments: Cements, Aggregates, Ready-Mixed Concrete-Asphalt and Service- Joint Ventures – Other.
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