HeidelbergCement AG (HDELY) Given Consensus Rating of “Buy” by Analysts
Shares of HeidelbergCement AG (OTCMKTS:HDELY) have earned an average recommendation of “Buy” from the eight brokerages that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company.
Several brokerages have recently commented on HDELY. Citigroup Inc. upgraded shares of HeidelbergCement AG from a “neutral” rating to a “buy” rating in a research report on Thursday, August 31st. Barclays PLC upgraded shares of HeidelbergCement AG from an “equal weight” rating to an “overweight” rating in a research report on Thursday, September 7th. Jefferies Group LLC began coverage on shares of HeidelbergCement AG in a research report on Wednesday, September 27th. They set a “buy” rating for the company. Finally, J P Morgan Chase & Co cut shares of HeidelbergCement AG from a “neutral” rating to an “underweight” rating in a research report on Wednesday, October 18th.
Shares of HeidelbergCement AG (OTCMKTS HDELY) opened at $21.77 on Tuesday. HeidelbergCement AG has a 1 year low of $17.52 and a 1 year high of $21.89. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.75 and a current ratio of 1.05. The company has a market cap of $21,642.27, a P/E ratio of 19.48, a PEG ratio of 2.38 and a beta of 1.25.
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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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