HeidelbergCement AG (HEI) Given a €102.00 Price Target at Sanford C. Bernstein
HeidelbergCement AG (ETR:HEI) received a €102.00 ($113.33) price target from Sanford C. Bernstein in a research report issued to clients and investors on Friday. The firm presently has a “buy” rating on the basic materials company’s stock.
HEI has been the subject of several other reports. DZ Bank AG set a €99.00 ($110.00) price target on HeidelbergCement AG and gave the company a “buy” rating in a research report on Wednesday, May 10th. Deutsche Bank AG set a €89.00 ($98.89) price objective on HeidelbergCement AG and gave the company a “neutral” rating in a research report on Friday, March 10th. Nord/LB set a €85.00 ($94.44) price objective on HeidelbergCement AG and gave the company a “neutral” rating in a research report on Thursday, April 6th. Commerzbank Ag set a €80.00 ($88.89) price objective on HeidelbergCement AG and gave the company a “sell” rating in a research report on Friday, March 31st. Finally, Kepler Capital Markets set a €78.00 ($86.67) price objective on HeidelbergCement AG and gave the company a “sell” rating in a research report on Thursday, March 16th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of €94.00 ($104.44).
Shares of HeidelbergCement AG (ETR:HEI) opened at 85.404 on Friday. The company has a 50-day moving average of €84.99 and a 200 day moving average of €86.93. HeidelbergCement AG has a 12-month low of €65.23 and a 12-month high of €94.42. The stock has a market capitalization of €16.95 billion and a price-to-earnings ratio of 23.605.
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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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