HeidelbergCement AG (HDELY) Given Average Rating of “Hold” by Analysts
Shares of HeidelbergCement AG (OTC:HDELY) have been assigned a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have given a buy recommendation to the company.
Several equities research analysts have commented on the stock. Jefferies Group LLC assumed coverage on shares of HeidelbergCement AG in a research report on Wednesday, September 27th. They set a “buy” rating on the stock. J P Morgan Chase & Co cut shares of HeidelbergCement AG from a “neutral” rating to an “underweight” rating in a research report on Wednesday. Barclays PLC raised shares of HeidelbergCement AG from an “equal weight” rating to an “overweight” rating in a research report on Thursday, September 7th. Finally, Citigroup Inc. raised shares of HeidelbergCement AG from a “neutral” rating to a “buy” rating in a research report on Thursday, August 31st.
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Shares of HeidelbergCement AG (OTC HDELY) traded up 0.60% during mid-day trading on Friday, hitting $19.97. The company had a trading volume of 5,016 shares. The company has a market capitalization of $19.85 billion, a P/E ratio of 22.04 and a beta of 1.26. The firm’s 50-day moving average price is $19.92 and its 200 day moving average price is $19.28. HeidelbergCement AG has a one year low of $17.52 and a one year high of $20.56.
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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