HEIDELBERGCEMEN/ADR (OTCMKTS:HDELY) was downgraded by research analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research note issued on Monday, Briefing.com Automated Import reports.
Other equities analysts have also issued research reports about the company. Zacks Investment Research lowered HEIDELBERGCEMEN/ADR from a “hold” rating to a “sell” rating in a report on Wednesday, September 18th. Deutsche Bank raised HEIDELBERGCEMEN/ADR from a “hold” rating to a “buy” rating in a report on Thursday, September 5th. ValuEngine cut shares of HEIDELBERGCEMEN/ADR from a “hold” rating to a “sell” rating in a research note on Friday, November 1st. Finally, Societe Generale upgraded shares of HEIDELBERGCEMEN/ADR from a “sell” rating to a “hold” rating in a research report on Monday, November 11th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $17.00.
HDELY stock opened at $14.89 on Monday. The business has a 50 day moving average price of $14.70 and a 200 day moving average price of $14.65. The company has a quick ratio of 0.66, a current ratio of 0.93 and a debt-to-equity ratio of 0.46. The stock has a market cap of $14.77 billion, a price-to-earnings ratio of 10.79 and a beta of 1.08. HEIDELBERGCEMEN/ADR has a fifty-two week low of $11.75 and a fifty-two week high of $16.40.
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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