HeidelbergCement AG (ETR:HEI) has been given a €98.00 ($116.67) price target by Deutsche Bank AG in a research note issued to investors on Monday. The firm currently has a “buy” rating on the basic materials company’s stock.

Other equities research analysts also recently issued reports about the company. S&P Global set a €80.00 ($95.24) target price on HeidelbergCement AG and gave the stock a “sell” rating in a report on Saturday, May 20th. UBS AG set a €90.00 ($107.14) target price on HeidelbergCement AG and gave the stock a “neutral” rating in a report on Tuesday, May 16th. Commerzbank Ag set a €80.00 ($95.24) target price on HeidelbergCement AG and gave the stock a “sell” rating in a report on Saturday, May 20th. Independent Research GmbH set a €97.00 ($115.48) target price on HeidelbergCement AG and gave the stock a “neutral” rating in a report on Saturday, May 20th. Finally, Sanford C. Bernstein set a €102.00 ($121.43) target price on HeidelbergCement AG and gave the stock a “buy” rating in a report on Saturday, May 20th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have issued a buy rating to the stock. HeidelbergCement AG has a consensus rating of “Hold” and an average price target of €93.32 ($111.09).

HeidelbergCement AG (HEI) opened at 83.319 on Monday. The firm has a market capitalization of €16.57 billion and a price-to-earnings ratio of 22.101. The company has a 50 day moving average price of €81.73 and a 200 day moving average price of €85.28. HeidelbergCement AG has a 12 month low of €76.95 and a 12 month high of €94.42.

ILLEGAL ACTIVITY WARNING: This article was first published by American Banking News and is the sole property of of American Banking News. If you are viewing this article on another site, it was illegally copied and reposted in violation of U.S. & international copyright & trademark laws. The original version of this article can be viewed at https://www.americanbankingnews.com/2017/09/11/heidelbergcement-ag-hei-pt-set-at-98-00-by-deutsche-bank-ag-2.html.

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.

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.