J P Morgan Chase & Co Reiterates €86.00 Price Target for HeidelbergCement AG (HEI)
HeidelbergCement AG (ETR:HEI) received a €86.00 ($101.18) target price from equities research analysts at J P Morgan Chase & Co in a report issued on Monday. The firm currently has a “neutral” rating on the basic materials company’s stock.
HEI has been the topic of a number of other research reports. Deutsche Bank AG set a €99.00 ($116.47) price target on HeidelbergCement AG and gave the stock a “buy” rating in a research report on Wednesday, July 19th. DZ Bank AG restated a “buy” rating on shares of HeidelbergCement AG in a research report on Tuesday, August 1st. BNP Paribas set a €107.00 ($125.88) price target on HeidelbergCement AG and gave the stock a “buy” rating in a research report on Saturday, May 20th. Citigroup Inc. set a €95.00 ($111.76) price target on HeidelbergCement AG and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Finally, Independent Research GmbH set a €97.00 ($114.12) price target on HeidelbergCement AG and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of €93.38 ($109.86).
Shares of HeidelbergCement AG (HEI) traded down 0.519% during trading on Monday, reaching €82.809. 163 shares of the company were exchanged. The company has a 50 day moving average price of €86.01 and a 200-day moving average price of €86.69. The stock has a market capitalization of €16.47 billion and a price-to-earnings ratio of 21.965. HeidelbergCement AG has a one year low of €73.06 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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