HeidelbergCement (ETR:HEI) Given a €51.00 Price Target at The Goldman Sachs Group

The Goldman Sachs Group set a €51.00 ($52.58) target price on HeidelbergCement (ETR:HEIGet Rating) in a report released on Wednesday morning, Borsen Zeitung reports.

Several other research firms also recently commented on HEI. JPMorgan Chase & Co. set a €56.00 ($57.73) price objective on HeidelbergCement in a research note on Friday, July 29th. Barclays set a €43.00 ($44.33) target price on HeidelbergCement in a research report on Friday, July 29th. Morgan Stanley set a €64.00 ($65.98) target price on HeidelbergCement in a research report on Wednesday, July 13th. Berenberg Bank set a €65.00 ($67.01) target price on HeidelbergCement in a research report on Friday, June 10th. Finally, Credit Suisse Group set a €55.00 ($56.70) target price on HeidelbergCement in a research report on Wednesday, July 13th.

HeidelbergCement Stock Down 0.1 %

ETR HEI opened at €50.84 ($52.41) on Wednesday. The stock’s 50-day moving average price is €49.30 and its 200-day moving average price is €54.17. The company has a quick ratio of 0.75, a current ratio of 1.16 and a debt-to-equity ratio of 49.38. HeidelbergCement has a 52 week low of €43.40 ($44.74) and a 52 week high of €76.92 ($79.30). The company has a market capitalization of $9.82 billion and a P/E ratio of 5.56.

HeidelbergCement Company Profile

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HeidelbergCement AG, together with its subsidiaries, produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. It provides cement products, natural stone aggregates, such as sand and gravel; crushed aggregates comprising stone chippings and crushed stones; and concrete/ready-mixed concrete for use in the construction of tunnels or bridges, office buildings, or schools, as well as to produce precast concrete parts consisting of stairs, ceiling elements, or structural components.

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