Several other analysts also recently issued reports on the company. HSBC set a €90.00 ($100.00) target price on HeidelbergCement AG and gave the company a buy rating in a research note on Wednesday, October 5th. Commerzbank AG set a €90.00 ($100.00) price objective on HeidelbergCement AG and gave the stock a buy rating in a research note on Tuesday, October 4th. DZ Bank AG reaffirmed a buy rating on shares of HeidelbergCement AG in a research note on Thursday, September 29th. Bankhaus Lampe set a €106.00 ($117.78) price objective on HeidelbergCement AG and gave the stock a buy rating in a research note on Tuesday, September 27th. Finally, Barclays PLC set a €78.00 ($86.67) price objective on HeidelbergCement AG and gave the stock a neutral rating in a research note on Friday, September 23rd. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have issued a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of €84.05 ($93.39).
Shares of HeidelbergCement AG (ETR:HEI) opened at 84.482 on Monday. HeidelbergCement AG has a 1-year low of €58.70 and a 1-year high of €85.35. The stock has a market cap of €15.91 billion and a price-to-earnings ratio of 17.678. The stock’s 50 day moving average price is €82.54 and its 200-day moving average price is €76.67.
HeidelbergCement AG Company Profile
Heidelbergcement AG is a Germany-based company engaged in the manufacture of building materials. The Company’s main activities include the production and distribution of cement and aggregates, the two raw materials for the manufacture of concrete. Furthermore it is engaged in downstream activities, such as ready-mixed concrete, concrete products, and concrete elements, as well as other related products and services.
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