HeidelbergCement (HEI) Given a €87.00 Price Target at UBS Group

UBS Group set a €87.00 ($101.16) price target on HeidelbergCement (ETR:HEI) in a research note published on Wednesday morning, www.boersen-zeitung.de reports. The brokerage currently has a neutral rating on the basic materials company’s stock.

Other equities analysts have also issued reports about the stock. Jefferies Financial Group set a €102.00 ($118.60) price objective on shares of HeidelbergCement and gave the company a buy rating in a research report on Wednesday, February 21st. Deutsche Bank set a €104.50 ($121.51) price objective on shares of HeidelbergCement and gave the company a buy rating in a research report on Wednesday, February 21st. Barclays set a €100.00 ($116.28) price objective on shares of HeidelbergCement and gave the company a buy rating in a research report on Wednesday, February 21st. Commerzbank set a €107.00 ($124.42) price objective on shares of HeidelbergCement and gave the company a buy rating in a research report on Tuesday, February 20th. Finally, Sanford C. Bernstein set a €105.00 ($122.09) price objective on shares of HeidelbergCement and gave the company a buy rating in a research report on Monday, February 19th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and eleven have issued a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of €92.42 ($107.47).

Shares of HeidelbergCement opened at €76.74 ($89.23) on Wednesday, according to MarketBeat.com. HeidelbergCement has a fifty-two week low of €76.94 ($89.47) and a fifty-two week high of €96.00 ($111.63).

About HeidelbergCement

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.

Analyst Recommendations for HeidelbergCement (ETR:HEI)

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