HeidelbergCement AG (ETR:HEI) has been given a €106.00 ($117.78) target price by investment analysts at Bankhaus Lampe in a research note issued on Wednesday. The firm presently has a a “buy” rating on the stock.

HEI has been the subject of a number of other reports. Barclays PLC set a €72.00 ($80.00) price objective on HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Thursday, June 30th. Baader Bank set a €90.00 ($100.00) price objective on HeidelbergCement AG and gave the stock a “buy” rating in a research note on Monday, July 4th. Sanford C. Bernstein set a €95.00 ($105.56) price objective on HeidelbergCement AG and gave the stock a “buy” rating in a research note on Wednesday, August 31st. Independent Research GmbH set a €85.00 ($94.44) price objective on HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Monday, May 30th. Finally, Berenberg Bank set a €75.00 ($83.33) price objective on HeidelbergCement AG and gave the stock a “buy” rating in a research note on Tuesday, July 26th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and ten have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of €83.70 ($93.00).

Analyst Recommendations for HeidelbergCement AG (ETR:HEI)

HeidelbergCement AG (ETR:HEI) opened at 81.357 on Wednesday. HeidelbergCement AG has a 12 month low of €58.70 and a 12 month high of €84.18. The firm 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 PE ratio of 17.024.

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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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