DZ Bank restated their buy rating on shares of HeidelbergCement (ETR:HEI) in a report issued on Wednesday morning, Borsen Zeitung reports.
Other analysts have also recently issued reports about the company. Independent Research set a €73.00 ($84.88) price target on HeidelbergCement and gave the stock a neutral rating in a research report on Friday, March 22nd. JPMorgan Chase & Co. set a €76.00 ($88.37) price target on HeidelbergCement and gave the stock a buy rating in a research report on Thursday, April 11th. Berenberg Bank set a €92.00 ($106.98) price target on HeidelbergCement and gave the stock a buy rating in a research report on Thursday, May 9th. Barclays set a €77.00 ($89.53) price target on HeidelbergCement and gave the stock a buy rating in a research report on Thursday, May 9th. Finally, Credit Suisse Group set a €74.00 ($86.05) price target on HeidelbergCement and gave the stock a neutral rating in a research report on Tuesday, May 14th. Eight research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus price target of €76.50 ($88.95).
Shares of HeidelbergCement stock opened at €70.42 ($81.88) on Wednesday. The company has a debt-to-equity ratio of 65.28, a quick ratio of 0.84 and a current ratio of 1.20. The company has a market cap of $13.96 billion and a PE ratio of 12.22. HeidelbergCement has a twelve month low of €51.84 ($60.28) and a twelve month high of €81.70 ($95.00).
HeidelbergCement Company Profile
HeidelbergCement AG produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. The company offers cement products, including special cements with targeted characteristics, special geotechnical building materials, and a range of binders. It also provides natural stone aggregates, comprising sand and gravel; crushed aggregates, such as stone chippings and crushed stones; and concrete/ready-mixed concrete for the production of precast concrete parts consisting of stairs, ceiling elements, or structural components, as well as for use in the construction of tunnels or bridges, office buildings, or schools.
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