HeidelbergCement (HEI) Given a €99.00 Price Target by Sanford C. Bernstein Analysts

HeidelbergCement (ETR:HEI) has been assigned a €99.00 ($115.12) price target by research analysts at Sanford C. Bernstein in a research report issued to clients and investors on Thursday. The brokerage presently has a “buy” rating on the basic materials company’s stock. Sanford C. Bernstein’s target price points to a potential upside of 73.38% from the company’s current price.

HEI has been the topic of a number of other reports. UBS Group set a €86.00 ($100.00) price objective on HeidelbergCement and gave the company a “buy” rating in a research report on Tuesday, July 31st. Barclays set a €88.00 ($102.33) price objective on HeidelbergCement and gave the company a “buy” rating in a research report on Wednesday, August 1st. Nord/LB set a €75.00 ($87.21) price objective on HeidelbergCement and gave the company a “neutral” rating in a research report on Tuesday, August 14th. Kepler Capital Markets set a €88.00 ($102.33) price objective on HeidelbergCement and gave the company a “buy” rating in a research report on Tuesday, July 31st. Finally, JPMorgan Chase & Co. set a €87.00 ($101.16) price objective on HeidelbergCement and gave the company a “neutral” rating in a research report on Wednesday, August 1st. One analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of €87.79 ($102.08).

HEI stock opened at €57.10 ($66.40) on Thursday. HeidelbergCement has a twelve month low of €76.94 ($89.47) and a twelve month 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.

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Analyst Recommendations for HeidelbergCement (ETR:HEI)

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