Bankhaus Lampe Analysts Give HeidelbergCement AG (HEI) a €106.00 Price Target
HeidelbergCement AG (ETR:HEI) received a €106.00 ($117.78) price target from investment analysts at Bankhaus Lampe in a research note issued on Wednesday. The firm presently has a a “buy” rating on the stock.
A number of other equities research analysts have also issued reports on the company. Deutsche Bank AG set a €86.00 ($95.56) price target on HeidelbergCement AG and gave the company a “neutral” rating in a research report on Tuesday. HSBC set a €89.00 ($98.89) price objective on HeidelbergCement AG and gave the company a “buy” rating in a report on Monday. JPMorgan Chase & Co. set a €79.00 ($87.78) price objective on HeidelbergCement AG and gave the company a “neutral” rating in a report on Monday, September 12th. Kepler Capital Markets set a €78.00 ($86.67) price objective on HeidelbergCement AG and gave the company a “neutral” rating in a report on Friday, September 2nd. Finally, Sanford C. Bernstein set a €95.00 ($105.56) price objective on HeidelbergCement AG and gave the company a “buy” rating in a report on Wednesday, August 31st. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of €83.70 ($93.00).
HeidelbergCement AG (ETR:HEI) opened at 81.357 on Wednesday. The stock has a 50 day moving average price of €79.82 and a 200-day moving average price of €75.33. The stock has a market capitalization of €15.32 billion and a P/E ratio of 17.024. HeidelbergCement AG has a one year low of €58.70 and a one year high of €84.18.
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HeidelbergCement AG Company Profile
Heidelbergcement AG is a Germany-based company engaged in the manufacture of building materials. The Company’s main activities include the production and distribution of cement and aggregates, the two raw materials for the manufacture of concrete. Furthermore it is engaged in downstream activities, such as ready-mixed concrete, concrete products, and concrete elements, as well as other related products and services.
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