HeidelbergCement AG (HEI) Given a €86.00 Price Target by J P Morgan Chase & Co Analysts
HeidelbergCement AG (ETR:HEI) has been given a €86.00 ($102.38) price objective by J P Morgan Chase & Co in a research note issued on Thursday. The firm currently has a “neutral” rating on the basic materials company’s stock.
HEI has been the subject of a number of other reports. DZ Bank AG set a €99.00 ($117.86) price objective on shares of HeidelbergCement AG and gave the stock a “buy” rating in a research report on Wednesday, May 10th. Sanford C. Bernstein set a €100.00 ($119.05) price objective on shares of HeidelbergCement AG and gave the stock a “buy” rating in a research report on Wednesday, May 10th. Nord/LB set a €85.00 ($101.19) price objective on shares of HeidelbergCement AG and gave the stock a “neutral” rating in a research report on Tuesday, June 27th. 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 report on Thursday, July 13th. Finally, S&P Global set a €80.00 ($95.24) price objective on shares of HeidelbergCement AG and gave the stock a “sell” rating in a research report on Wednesday, May 10th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of €93.32 ($111.09).
Shares of HeidelbergCement AG (ETR HEI) traded up 1.126% during trading on Thursday, hitting €82.322. The stock had a trading volume of 1,762 shares. HeidelbergCement AG has a 1-year low of €76.95 and a 1-year high of €94.42. The firm has a 50-day moving average of €81.73 and a 200 day moving average of €85.28. The company has a market capitalization of €16.37 billion and a P/E ratio of 21.836.
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About HeidelbergCement AG
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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