Barclays PLC set a €94.00 ($111.90) target price on HeidelbergCement AG (ETR:HEI) in a report released on Thursday morning. The brokerage currently has a buy rating on the basic materials company’s stock.
HEI has been the topic of a number of other research reports. Nord/LB set a €85.00 ($101.19) target price on shares of HeidelbergCement AG and gave the stock a neutral rating in a research note on Tuesday, June 27th. UBS AG set a €90.00 ($107.14) target price on shares of HeidelbergCement AG and gave the stock a neutral rating in a research note on Thursday, July 13th. Kepler Capital Markets set a €85.00 ($101.19) target price on shares of HeidelbergCement AG and gave the stock a buy rating in a research note on Wednesday, September 20th. J P Morgan Chase & Co set a €91.00 ($108.33) target price on shares of HeidelbergCement AG and gave the stock a neutral rating in a research note on Wednesday, June 21st. Finally, Berenberg Bank set a €99.00 ($117.86) target price on shares of HeidelbergCement AG and gave the stock a buy rating in a research note on Thursday, July 13th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of €93.15 ($110.90).
HeidelbergCement AG (HEI) opened at 85.074 on Thursday. 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 €81.33 and its 200 day moving average price is €84.99. The firm has a market cap of €16.92 billion and a P/E ratio of 22.566.
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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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