HeidelbergCement (HEI) Given a €87.00 Price Target at Kepler Capital Markets

HeidelbergCement (ETR:HEI) received a €87.00 ($103.57) target price from equities researchers at Kepler Capital Markets in a report released on Thursday. The brokerage currently has a “neutral” rating on the basic materials company’s stock. Kepler Capital Markets’ price objective would suggest a potential downside of 3.25% from the company’s current price.

Other equities analysts have also recently issued reports about the stock. set a €102.00 ($121.43) price objective on shares of HeidelbergCement and gave the company a “buy” rating in a research note on Wednesday, October 11th. Barclays set a €94.00 ($111.90) price objective on shares of HeidelbergCement and gave the company a “buy” rating in a research note on Monday, October 9th. Deutsche Bank set a €98.00 ($116.67) price objective on shares of HeidelbergCement and gave the company a “buy” rating in a research note on Thursday, October 5th. Jefferies Group set a €98.00 ($116.67) price objective on shares of HeidelbergCement and gave the company a “buy” rating in a research note on Wednesday, September 27th. Finally, Berenberg Bank set a €99.00 ($117.86) price objective on shares of HeidelbergCement and gave the company a “buy” rating in a research note on Wednesday, October 18th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of €96.45 ($114.82).

HeidelbergCement (HEI) opened at €89.92 ($107.05) on Thursday. The stock has a market cap of $17,840.00 and a price-to-earnings ratio of 19.51. HeidelbergCement has a 12 month low of €76.94 ($91.60) and a 12 month high of €96.00 ($114.29).

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About HeidelbergCement

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 (ETR:HEI)

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