HeidelbergCement AG (HEI) PT Set at €101.12 by Sanford C. Bernstein
HeidelbergCement AG (ETR:HEI) has been given a €101.12 ($120.38) price objective by analysts at Sanford C. Bernstein in a research note issued on Friday. The brokerage presently has a “buy” rating on the basic materials company’s stock.
Several other analysts have also recently weighed in on HEI. UBS AG set a €90.00 ($107.14) price objective on shares of HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Tuesday, May 16th. DZ Bank AG reaffirmed a “buy” rating on shares of HeidelbergCement AG in a research note on Wednesday. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of HeidelbergCement AG in a research note on Tuesday, August 15th. Barclays PLC set a €94.00 ($111.90) price objective on shares of HeidelbergCement AG and gave the stock a “buy” rating in a research note on Thursday. Finally, Kepler Capital Markets set a €85.00 ($101.19) price objective on shares of HeidelbergCement AG and gave the stock a “buy” rating in a research note on Wednesday, August 30th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of €93.32 ($111.09).
HeidelbergCement AG (ETR:HEI) traded up 1.126% during midday trading on Friday, hitting €82.322. The stock had a trading volume of 1,762 shares. The stock’s 50 day moving average price is €81.73 and its 200-day moving average price is €85.28. The company has a market cap of €16.37 billion and a PE ratio of 21.836. HeidelbergCement AG has a 52 week low of €76.95 and a 52 week high of €94.42.
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HeidelbergCement AG Company Profile
HeidelbergCement AG produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. Its cement products include special cements with targeted characteristics, special geotechnical building materials, and a range of binders. The company offers natural stone and crushed aggregates, including sand, gravel, stone chippings, and crushed stones; concrete/ready-mixed concrete that is used for the production of precast concrete parts, such as stairs, ceiling elements, or structural components, as well as for use in the construction of tunnels or bridges, office buildings, and schools; and asphalt, which is primarily used in the building of traffic infrastructure comprising roads, walkways, and parking lots.
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