HeidelbergCement AG (HEI) Given a €90.00 Price Target by Commerzbank AG Analysts
A number of other research analysts have also issued reports on HEI. Baader Bank set a €90.00 ($100.00) target price on HeidelbergCement AG and gave the company a buy rating in a report on Tuesday, June 7th. JPMorgan Chase & Co. set a €79.00 ($87.78) target price on HeidelbergCement AG and gave the company a neutral rating in a report on Tuesday, June 14th. Bankhaus Lampe set a €90.00 ($100.00) target price on HeidelbergCement AG and gave the company a buy rating in a report on Monday, June 20th. BNP Paribas set a €94.50 ($105.00) target price on HeidelbergCement AG and gave the company a buy rating in a report on Tuesday, June 21st. Finally, Sanford C. Bernstein set a €89.00 ($98.89) price objective on HeidelbergCement AG and gave the stock a buy rating in a report on Thursday, June 23rd. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of €84.05 ($93.39).
HeidelbergCement AG (ETR:HEI) opened at 84.137 on Tuesday. HeidelbergCement AG has a one year low of €58.70 and a one year high of €85.19. The firm has a 50-day moving average price of €81.89 and a 200-day moving average price of €76.23. The stock has a market cap of €15.85 billion and a price-to-earnings ratio of 17.606.
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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