HeidelbergCement AG (HEI) Given a €98.00 Price Target by Deutsche Bank AG Analysts
HeidelbergCement AG (ETR:HEI) received a €98.00 ($115.29) target price from Deutsche Bank AG 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.
HEI has been the topic of several other reports. Kepler Capital Markets set a €85.00 ($100.00) target price on HeidelbergCement AG and gave the stock a “buy” rating in a research note on Wednesday, September 20th. Nord/LB set a €85.00 ($100.00) target price on HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Tuesday, June 27th. UBS AG set a €90.00 ($105.88) target price on HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Thursday, July 13th. J P Morgan Chase & Co set a €86.00 ($101.18) target price on HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Wednesday, September 20th. Finally, Berenberg Bank set a €99.00 ($116.47) target price on HeidelbergCement AG and gave the stock a “buy” rating in a research note on Thursday, July 13th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the company. HeidelbergCement AG has an average rating of “Hold” and an average target price of €92.92 ($109.31).
Shares of HeidelbergCement AG (HEI) opened at 85.892 on Thursday. The company has a market cap of €17.08 billion and a price-to-earnings ratio of 22.783. 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 price is €82.37 and its 200 day moving average price is €84.66.
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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