HeidelbergCement AG (HEI) Given a €90.00 Price Target by HSBC Analysts
HeidelbergCement AG (ETR:HEI) has been assigned a €90.00 ($100.00) target price by equities research analysts at HSBC in a note issued to investors on Wednesday. The brokerage currently has a a “buy” rating on the stock.
HEI has been the subject of a number of other reports. Kepler Capital Markets 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 2nd. 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 Wednesday, September 21st. Sanford C. Bernstein set a €95.00 ($105.56) price objective on HeidelbergCement AG and gave the stock a “buy” rating in a research note on Wednesday, August 31st. Nord/LB set a €76.00 ($84.44) price objective on HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Monday, August 22nd. Finally, DZ Bank AG restated a “buy” rating on shares of HeidelbergCement AG in a research note on Tuesday, June 28th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and ten have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of €84.05 ($93.39).
Shares of HeidelbergCement AG (ETR:HEI) opened at 84.137 on Wednesday. The company has a market capitalization of €15.85 billion and a P/E ratio of 17.606. HeidelbergCement AG has a 1-year low of €58.70 and a 1-year high of €85.19. The firm’s 50 day moving average price is €81.89 and its 200-day moving average price is €76.23.
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 & Stock 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 stocks with our FREE daily email newsletter.