Other equities research analysts also recently issued research reports about the company. JPMorgan Chase & Co. set a €79.00 ($87.78) price target on HeidelbergCement AG and gave the company a neutral rating in a report on Tuesday, June 14th. Berenberg Bank set a €75.00 ($83.33) price objective on HeidelbergCement AG and gave the stock a buy rating in a research report on Wednesday, September 21st. BNP Paribas set a €94.50 ($105.00) price objective on HeidelbergCement AG and gave the stock a buy rating in a research report on Tuesday, June 21st. Bankhaus Lampe set a €90.00 ($100.00) price objective on HeidelbergCement AG and gave the stock a buy rating in a research report on Monday, June 20th. Finally, Independent Research GmbH set a €76.00 ($84.44) price objective on HeidelbergCement AG and gave the stock a neutral rating in a research report on Monday, July 25th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of €84.05 ($93.39).
Shares of HeidelbergCement AG (ETR:HEI) opened at 85.013 on Wednesday. The firm has a market capitalization of €16.01 billion and a PE ratio of 17.789. The firm has a 50-day moving average of €82.38 and a 200-day moving average of €76.53. HeidelbergCement AG has a 1-year low of €58.70 and a 1-year high of €85.35.
About HeidelbergCement AG
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.
Receive News & Ratings for HeidelbergCement AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HeidelbergCement AG and related companies with MarketBeat.com's FREE daily email newsletter.