HeidelbergCement AG (HEI) Stock Rating Reaffirmed by DZ Bank AG

HeidelbergCement AG (ETR:HEI)‘s stock had its “buy” rating restated by investment analysts at DZ Bank AG in a report issued on Wednesday.

Other research analysts have also recently issued research reports about the company. Berenberg Bank set a €75.00 ($82.42) price target on HeidelbergCement AG and gave the stock a “buy” rating in a research note on Wednesday, September 21st. Independent Research GmbH set a €76.00 ($83.52) price target on HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Monday, July 25th. Societe Generale set a €75.00 ($82.42) price target on HeidelbergCement AG and gave the stock a “sell” rating in a research note on Friday, October 21st. JPMorgan Chase & Co. set a €77.00 ($84.62) price target on HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Monday, July 18th. Finally, HSBC set a €82.00 ($90.11) price target on HeidelbergCement AG and gave the stock a “buy” rating in a research note on Tuesday, July 12th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of €85.93 ($94.42).

Analyst Recommendations for HeidelbergCement AG (ETR:HEI)

Shares of HeidelbergCement AG (ETR:HEI) opened at 91.06 on Wednesday. The company’s 50-day moving average price is €85.11 and its 200-day moving average price is €78.13. The stock has a market cap of €17.15 billion and a PE ratio of 19.05. HeidelbergCement AG has a one year low of €58.70 and a one year high of €94.42.

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.

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