HeidelbergCement (HEI) PT Set at €59.00 by Nord/LB

Nord/LB set a €59.00 ($68.60) price target on HeidelbergCement (ETR:HEI) in a research note published on Wednesday. The brokerage currently has a neutral rating on the basic materials company’s stock.

HEI has been the subject of a number of other reports. Goldman Sachs Group set a €93.00 ($108.14) price objective on shares of HeidelbergCement and gave the stock a buy rating in a report on Thursday, October 18th. Independent Research set a €67.00 ($77.91) price objective on shares of HeidelbergCement and gave the stock a neutral rating in a report on Friday, November 9th. Sanford C. Bernstein set a €99.00 ($115.12) price objective on shares of HeidelbergCement and gave the stock a buy rating in a report on Wednesday, November 14th. Morgan Stanley set a €85.00 ($98.84) price objective on shares of HeidelbergCement and gave the stock a neutral rating in a report on Wednesday, October 17th. Finally, Societe Generale set a €62.00 ($72.09) price objective on shares of HeidelbergCement and gave the stock a neutral rating in a report on Thursday, November 8th. Eight research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of €77.89 ($90.57).

ETR HEI opened at €55.66 ($64.72) 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.

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Analyst Recommendations for HeidelbergCement (ETR:HEI)

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