Heidelberg Materials (OTCMKTS:HDLMY – Get Free Report)’s stock price reached a new 52-week low on Wednesday. The stock traded as low as $31.44 and last traded at $31.44, with a volume of 64189 shares changing hands. The stock had previously closed at $33.01.
Analysts Set New Price Targets
Separately, Zacks Research upgraded Heidelberg Materials from a “strong sell” rating to a “hold” rating in a research report on Monday, August 31st. Two equities research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.
Check Out Our Latest Report on HDLMY
Heidelberg Materials Price Performance
About Heidelberg Materials
Heidelberg Materials is a Germany-based global building materials company that produces and distributes cement, aggregates, ready-mixed concrete and asphalt. Its products are used in residential, commercial and infrastructure construction, including roads, bridges and other large-scale projects. The company also provides related building materials and services through a network of production facilities, distribution sites and construction-materials businesses.
The company traces its origins to 1873, when it was founded in Heidelberg, Germany, as Heidelberg Portland-Cement Works.
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