HeidelbergCement AG (HEI) PT Set at €94.00 by Barclays PLC
HeidelbergCement AG (ETR:HEI) has been assigned a €94.00 ($111.90) price target by analysts at Barclays PLC in a research report issued to clients and investors on Thursday. The brokerage currently has a “buy” rating on the basic materials company’s stock.
Several other research analysts have also recently weighed in on HEI. UBS AG set a €88.00 ($104.76) price target on HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Wednesday, May 10th. DZ Bank AG restated a “buy” rating on shares of HeidelbergCement AG in a research note on Wednesday. J P Morgan Chase & Co restated a “neutral” rating on shares of HeidelbergCement AG in a research note on Tuesday, August 15th. Societe Generale set a €87.00 ($103.57) price target on HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Saturday, May 20th. Finally, Commerzbank Ag set a €81.00 ($96.43) price target on HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Monday, August 14th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have given a buy rating to the company. HeidelbergCement AG has an average rating of “Hold” and an average price target of €93.32 ($111.09).
Shares of HeidelbergCement AG (ETR HEI) traded up 1.126% on Thursday, reaching €82.322. The company’s stock had a trading volume of 1,762 shares. HeidelbergCement AG has a 52-week low of €76.95 and a 52-week high of €94.42. The company has a market cap of €16.37 billion and a price-to-earnings ratio of 21.836. The stock has a 50-day moving average of €81.73 and a 200 day moving average of €85.28.
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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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