HeidelbergCement AG (HEI) Given a €86.00 Price Target by Deutsche Bank AG Analysts
HeidelbergCement AG (ETR:HEI) received a €86.00 ($95.56) target price from equities researchers at Deutsche Bank AG in a research note issued to investors on Monday. The brokerage currently has a a “neutral” rating on the stock.
A number of other brokerages have also issued reports on HEI. Societe Generale set a €83.00 ($92.22) price target on HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Friday, August 5th. JPMorgan Chase & Co. set a €79.00 ($87.78) price target on HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Friday, August 12th. Independent Research GmbH set a €76.00 ($84.44) price target on HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Monday, August 1st. DZ Bank AG reissued a “buy” rating on shares of HeidelbergCement AG in a research note on Tuesday, June 28th. Finally, Barclays PLC set a €78.00 ($86.67) price target on HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Friday, September 23rd. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have issued a buy rating to the company’s stock. HeidelbergCement AG currently has a consensus rating of “Hold” and an average price target of €84.05 ($93.39).
Shares of HeidelbergCement AG (ETR:HEI) opened at 83.742 on Monday. The firm has a 50-day moving average price of €82.19 and a 200 day moving average price of €76.42. HeidelbergCement AG has a 12-month low of €58.70 and a 12-month high of €85.19. The company has a market capitalization of €15.77 billion and a P/E ratio of 17.523.
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About HeidelbergCement AG
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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