HeidelbergCement (ETR:HEI) PT Set at €71.00 by JPMorgan Chase & Co.

HeidelbergCement (ETR:HEI) has been assigned a €71.00 ($82.56) target price by stock analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Monday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the basic materials company’s stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 5.97% from the company’s current price.

Other analysts have also recently issued reports about the company. Goldman Sachs Group set a €79.00 ($91.86) price objective on HeidelbergCement and gave the stock a “buy” rating in a report on Thursday, November 7th. Nord/LB set a €65.00 ($75.58) price objective on HeidelbergCement and gave the stock a “neutral” rating in a report on Thursday, November 21st. Bank of America set a €76.00 ($88.37) price objective on HeidelbergCement and gave the stock a “buy” rating in a report on Thursday, October 3rd. Independent Research set a €73.00 ($84.88) price objective on HeidelbergCement and gave the stock a “neutral” rating in a report on Friday, November 8th. Finally, DZ Bank reaffirmed a “buy” rating on shares of HeidelbergCement in a report on Friday, November 8th. Seven research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. HeidelbergCement presently has an average rating of “Buy” and an average target price of €76.60 ($89.07).

Shares of HEI opened at €67.00 ($77.91) on Monday. The stock has a market capitalization of $13.29 billion and a price-to-earnings ratio of 13.55. HeidelbergCement has a 1 year low of €51.84 ($60.28) and a 1 year high of €73.52 ($85.49). The business’s 50 day simple moving average is €66.75 and its 200-day simple moving average is €66.10. The company has a debt-to-equity ratio of 69.28, a current ratio of 1.14 and a quick ratio of 0.81.

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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Analyst Recommendations for HeidelbergCement (ETR:HEI)

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