BNP Paribas Analysts Give HeidelbergCement AG (HEI) a €109.00 Price Target
HeidelbergCement AG (ETR:HEI) received a €109.00 ($128.24) target price from stock analysts at BNP Paribas in a note issued to investors on Thursday. The firm presently has a “buy” rating on the basic materials company’s stock.
A number of other equities analysts have also commented on the stock. Nord/LB set a €85.00 ($100.00) price objective on shares of HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Tuesday, June 27th. Deutsche Bank AG set a €99.00 ($116.47) price objective on shares of HeidelbergCement AG and gave the stock a “buy” rating in a research note on Thursday, June 29th. Barclays PLC set a €90.00 ($105.88) price objective on shares of HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Thursday, July 20th. J P Morgan Chase & Co set a €91.00 ($107.06) price objective on shares of HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Monday, July 10th. Finally, HSBC Holdings plc set a €120.00 ($141.18) price objective on shares of HeidelbergCement AG and gave the stock a “buy” rating in a research note on Wednesday, June 21st. Two equities 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. The company has a consensus rating of “Hold” and an average price target of €93.01 ($109.43).
HeidelbergCement AG (ETR HEI) opened at 85.347 on Thursday. The firm has a market capitalization of €16.97 billion and a P/E ratio of 22.638. HeidelbergCement AG has a one year low of €76.95 and a one year high of €94.42. The firm has a 50-day moving average price of €83.01 and a 200 day moving average price of €84.58.
TRADEMARK VIOLATION NOTICE: This story was first posted by American Banking News and is the property of of American Banking News. If you are reading this story on another website, it was illegally stolen and republished in violation of U.S. and international copyright & trademark legislation. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/10/12/bnp-paribas-analysts-give-heidelbergcement-ag-hei-a-109-00-price-target.html.
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.
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.