HEIDELBERGCEMEN/ADR (HDELY) Receives $23.00 Average PT from Brokerages

HEIDELBERGCEMEN/ADR (OTCMKTS:HDELY) has earned a consensus recommendation of “Buy” from the six analysts that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $23.00.

A number of equities research analysts have recently issued reports on HDELY shares. UBS Group upgraded shares of HEIDELBERGCEMEN/ADR from a “neutral” rating to a “buy” rating in a report on Thursday, July 12th. ValuEngine lowered shares of HEIDELBERGCEMEN/ADR from a “sell” rating to a “strong sell” rating in a report on Thursday, August 2nd.

Shares of HDELY stock traded down $0.04 during trading hours on Friday, reaching $13.01. 64,554 shares of the stock traded hands, compared to its average volume of 30,218. HEIDELBERGCEMEN/ADR has a 1-year low of $12.84 and a 1-year high of $23.06. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.03 and a quick ratio of 0.75. The firm has a market capitalization of $14.30 billion, a P/E ratio of 10.32 and a beta of 1.02.

HEIDELBERGCEMEN/ADR (OTCMKTS:HDELY) last released its quarterly earnings results on Tuesday, July 31st. The construction company reported $0.48 earnings per share (EPS) for the quarter. HEIDELBERGCEMEN/ADR had a net margin of 5.66% and a return on equity of 6.66%. The business had revenue of $5.73 billion for the quarter.

HEIDELBERGCEMEN/ADR 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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