HeidelbergCement (HEI) Given a €84.00 Price Target at JPMorgan Chase & Co.

HeidelbergCement (ETR:HEI) received a €84.00 ($103.70) price objective from equities research analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Tuesday. The brokerage presently has a “sell” rating on the basic materials company’s stock. JPMorgan Chase & Co.’s price target indicates a potential upside of 0.36% from the company’s current price.

HEI has been the topic of several other reports. Jefferies Group set a €98.00 ($120.99) target price on shares of HeidelbergCement and gave the stock a “buy” rating in a report on Wednesday, November 8th. Sanford C. Bernstein set a €105.00 ($129.63) price target on shares of HeidelbergCement and gave the stock a “buy” rating in a research report on Monday, January 8th. DZ Bank reiterated a “buy” rating on shares of HeidelbergCement in a research report on Wednesday, December 13th. Kepler Capital Markets set a €85.00 ($104.94) price target on shares of HeidelbergCement and gave the stock a “buy” rating in a research report on Thursday, October 12th. Finally, UBS Group set a €86.50 ($106.79) price target on shares of HeidelbergCement and gave the stock a “neutral” rating in a research report on Tuesday, November 28th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of €96.35 ($118.95).

Shares of HeidelbergCement (ETR HEI) traded down €2.30 ($2.84) on Tuesday, hitting €83.70 ($103.33). 1,523,013 shares of the stock traded hands, compared to its average volume of 627,447. HeidelbergCement has a 12 month low of €76.94 ($94.99) and a 12 month high of €96.00 ($118.52). The company has a market capitalization of $16,660.00 and a PE ratio of 18.16.

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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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