HeidelbergCement (HEI) Receives “Buy” Rating from DZ Bank

DZ Bank restated their buy rating on shares of HeidelbergCement (ETR:HEI) in a research report report published on Wednesday morning.

Several other research firms have also recently weighed in on HEI. Commerzbank set a €107.00 ($124.42) price target on shares of HeidelbergCement and gave the company a buy rating in a report on Tuesday, February 20th. JPMorgan Chase & Co. set a €84.00 ($97.67) price target on shares of HeidelbergCement and gave the company a sell rating in a report on Tuesday, February 20th. Kepler Capital Markets set a €87.00 ($101.16) price target on shares of HeidelbergCement and gave the company a neutral rating in a report on Tuesday, February 20th. Independent Research set a €94.00 ($109.30) price target on shares of HeidelbergCement and gave the company a neutral rating in a report on Tuesday, February 20th. Finally, Deutsche Bank set a €104.50 ($121.51) price target on shares of HeidelbergCement and gave the company a buy rating in a report on Wednesday, February 21st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have assigned a buy rating to the stock. The stock presently has an average rating of Buy and a consensus price target of €92.08 ($107.07).

Shares of HeidelbergCement stock opened at €73.22 ($85.14) on Wednesday. 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.

Analyst Recommendations for HeidelbergCement (ETR:HEI)

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