HeidelbergCement (HEI) Given a €84.00 Price Target at Kepler Capital Markets

HeidelbergCement (ETR:HEI) has been given a €84.00 ($97.67) target price by equities research analysts at Kepler Capital Markets in a research note issued on Friday. The brokerage currently has a “buy” rating on the basic materials company’s stock. Kepler Capital Markets’ price objective indicates a potential upside of 48.36% from the company’s current price.

Other equities analysts have also recently issued reports about the stock. Deutsche Bank set a €96.00 ($111.63) price objective on shares of HeidelbergCement and gave the stock a “buy” rating in a research note on Thursday, July 5th. Goldman Sachs Group set a €97.00 ($112.79) price objective on shares of HeidelbergCement and gave the stock a “buy” rating in a research note on Tuesday, July 31st. Cfra set a €78.00 ($90.70) price objective on shares of HeidelbergCement and gave the stock a “neutral” rating in a research note on Thursday, August 2nd. HSBC set a €76.00 ($88.37) price objective on shares of HeidelbergCement and gave the stock a “neutral” rating in a research note on Friday, August 17th. Finally, Sanford C. Bernstein set a €99.00 ($115.12) price objective on shares of HeidelbergCement and gave the stock a “buy” rating in a research note on Thursday. One analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of €85.26 ($99.14).

Shares of ETR:HEI traded down €0.64 ($0.74) on Friday, reaching €56.62 ($65.84). The company’s stock had a trading volume of 1,470,304 shares, compared to its average volume of 712,290. HeidelbergCement has a 52-week low of €76.94 ($89.47) and a 52-week high of €96.00 ($111.63).

HeidelbergCement 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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Analyst Recommendations for HeidelbergCement (ETR:HEI)

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