HeidelbergCement AG (ETR:HEI) received a €81.00 ($96.43) price objective from Commerzbank Ag in a note issued to investors on Wednesday. The brokerage presently has a “neutral” rating on the basic materials company’s stock.

Other analysts also recently issued research reports about the stock. BNP Paribas set a €107.00 ($127.38) price objective on shares of HeidelbergCement AG and gave the stock a “buy” rating in a report on Monday, May 29th. HSBC Holdings plc set a €120.00 ($142.86) price objective on shares of HeidelbergCement AG and gave the stock a “buy” rating in a report on Wednesday, June 21st. Bank of America Corporation set a €102.00 ($121.43) price objective on shares of HeidelbergCement AG and gave the stock a “buy” rating in a report on Monday, June 12th. Sanford C. Bernstein set a €102.00 ($121.43) price objective on shares of HeidelbergCement AG and gave the stock a “buy” rating in a report on Friday, June 23rd. Finally, Deutsche Bank AG set a €99.00 ($117.86) price objective on shares of HeidelbergCement AG and gave the stock a “buy” rating in a report on Thursday, June 29th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have given a buy rating to the company’s stock. HeidelbergCement AG has a consensus rating of “Hold” and a consensus target price of €93.15 ($110.90).

Shares of HeidelbergCement AG (HEI) traded down 0.016% on Wednesday, reaching €85.239. 393 shares of the company were exchanged. The firm has a market capitalization of €16.95 billion and a PE ratio of 22.610. HeidelbergCement AG has a 12-month low of €76.95 and a 12-month high of €94.42. The company’s 50 day moving average is €81.33 and its 200 day moving average is €84.99.

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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.

Analyst Recommendations for HeidelbergCement AG (ETR:HEI)

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