HeidelbergCement AG (HEI) Given Average Rating of “Hold” by Analysts
Shares of HeidelbergCement AG (ETR:HEI) have been given an average recommendation of “Hold” by the twenty-one brokerages that are covering the company. Five research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is €92.86 ($104.33).
A number of research firms recently issued reports on HEI. JPMorgan Chase & Co. set a €86.00 ($96.63) price objective on HeidelbergCement AG and gave the company a “neutral” rating in a research report on Saturday, May 20th. Societe Generale set a €87.00 ($97.75) target price on HeidelbergCement AG and gave the company a “neutral” rating in a research note on Saturday, May 20th. Independent Research GmbH set a €97.00 ($108.99) target price on HeidelbergCement AG and gave the company a “neutral” rating in a research note on Saturday, May 20th. S&P Global set a €80.00 ($89.89) target price on HeidelbergCement AG and gave the company a “sell” rating in a research note on Saturday, May 20th. Finally, HSBC Holdings plc set a €117.00 ($131.46) target price on HeidelbergCement AG and gave the company a “buy” rating in a research note on Tuesday, May 16th.
HeidelbergCement AG (ETR:HEI) traded down 0.617% during midday trading on Friday, hitting €82.526. The stock had a trading volume of 200 shares. The stock has a 50-day moving average price of €86.04 and a 200 day moving average price of €87.10. The firm has a market cap of €16.37 billion and a PE ratio of 22.810. HeidelbergCement AG has a one year low of €65.23 and a one year high of €94.42.
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About HeidelbergCement AG
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.
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