HeidelbergCement AG (ETR:HEI) has been assigned a €102.00 ($112.09) price target by research analysts at Sanford C. Bernstein in a research note issued to investors on Saturday. The brokerage currently has a “buy” rating on the basic materials company’s stock.

Other analysts have also issued reports about the stock. Barclays PLC set a €80.00 ($87.91) price target on shares of HeidelbergCement AG and gave the company a “sell” rating in a research report on Tuesday, April 18th. Citigroup Inc set a €95.00 ($104.40) price target on shares of HeidelbergCement AG and gave the company a “neutral” rating in a research report on Thursday, May 11th. JPMorgan Chase & Co. set a €86.00 ($94.51) price target on shares of HeidelbergCement AG and gave the company a “neutral” rating in a research report on Thursday, May 11th. Deutsche Bank AG set a €89.00 ($97.80) price target on shares of HeidelbergCement AG and gave the company a “neutral” rating in a research report on Thursday, May 11th. Finally, Societe Generale set a €87.00 ($95.60) price target on shares of HeidelbergCement AG and gave the company a “neutral” rating in a research report on Friday, May 12th. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of €92.86 ($102.04).

Analyst Recommendations for HeidelbergCement AG (ETR:HEI)

HeidelbergCement AG (ETR:HEI) traded up 1.379% on Friday, reaching €83.017. 1,001 shares of the company’s stock were exchanged. The company has a market cap of €16.47 billion and a P/E ratio of 22.946. The firm has a 50 day moving average of €86.53 and a 200-day moving average of €87.12. HeidelbergCement AG has a 12-month low of €65.23 and a 12-month high of €94.42.

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HeidelbergCement AG Company Profile

Heidelbergcement AG is a Germany-based building materials company. Its products are used for the construction of houses, infrastructure and commercial and industrial facilities. The Company operates through for segments: Cements, Aggregates, Ready-Mixed Concrete-Asphalt and Service- Joint Ventures – Other.

12 Month Chart for ETR:HEI

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