Heidelberg Materials (OTCMKTS:HDLMY) Cut to Hold at Royal Bank Of Canada

Royal Bank Of Canada cut shares of Heidelberg Materials (OTCMKTS:HDLMY) from a moderate buy rating to a hold rating in a report issued on Monday morning,Zacks.com reports.

Separately, Barclays raised Heidelberg Materials from a “hold” rating to a “strong-buy” rating in a report on Monday, November 17th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Heidelberg Materials currently has a consensus rating of “Buy”.

Heidelberg Materials Stock Up 0.2%

Shares of Heidelberg Materials stock opened at $51.20 on Monday. Heidelberg Materials has a one year low of $24.15 and a one year high of $51.83.

Heidelberg Materials Company Profile

Heidelberg Materials AG, together with its subsidiaries, produces and distributes cement, aggregates, ready-mixed concrete and asphalt. It provides cement products; natural stone aggregates and ready-mixed concrete. Heidelberg Materials AG, formerly known as HeidelbergCement AG, is based in Heidelberg, Germany.