HeidelbergCement AG (ETR:HEI) received a €83.00 ($95.40) target price from equities research analysts at Commerzbank Ag in a research note issued to investors on Wednesday. The brokerage currently has a “sell” rating on the basic materials company’s stock.

A number of other analysts have also weighed in on the stock. Nord/LB set a €85.00 ($97.70) price target on shares of HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Tuesday, June 27th. BNP Paribas set a €109.00 ($125.29) price target on shares of HeidelbergCement AG and gave the stock a “buy” rating in a research note on Tuesday, April 25th. J P Morgan Chase & Co set a €87.00 ($100.00) price target on shares of HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Thursday, May 4th. Sanford C. Bernstein set a €102.00 ($117.24) price target on shares of HeidelbergCement AG and gave the stock a “buy” rating in a research note on Friday, June 23rd. Finally, HSBC Holdings plc set a €120.00 ($137.93) price target on shares of HeidelbergCement AG and gave the stock a “buy” rating in a research note on Wednesday, June 21st. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have assigned a buy rating to the company. HeidelbergCement AG currently has a consensus rating of “Hold” and a consensus price target of €94.23 ($108.31).

HeidelbergCement AG (HEI) opened at 85.754 on Wednesday. HeidelbergCement AG has a one year low of €71.08 and a one year high of €94.42. The firm’s 50 day moving average price is €85.56 and its 200 day moving average price is €86.83. The stock has a market cap of €17.01 billion and a price-to-earnings ratio of 23.702.

COPYRIGHT VIOLATION WARNING: “HeidelbergCement AG (HEI) Given a €83.00 Price Target by Commerzbank Ag Analysts” was originally reported by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of United States and international trademark and copyright legislation. The original version of this story can be accessed at https://www.americanbankingnews.com/2017/07/19/heidelbergcement-ag-hei-given-a-83-00-price-target-by-commerzbank-ag-analysts.html.

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.

Analyst Recommendations for HeidelbergCement AG (ETR:HEI)

Receive News & Ratings for HeidelbergCement AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HeidelbergCement AG and related companies with MarketBeat.com's FREE daily email newsletter.