HeidelbergCement AG (ETR:HEI) has been given a €98.00 ($107.69) price target by equities research analysts at Independent Research GmbH in a report released on Thursday. The firm currently has a a “neutral” rating on the stock.

Several other research analysts have also commented on the stock. JPMorgan Chase & Co. set a €79.00 ($86.81) price objective on shares of HeidelbergCement AG and gave the stock a “neutral” rating in a research note on Friday, August 12th. Bankhaus Lampe set a €106.00 ($116.48) price objective on shares of HeidelbergCement AG and gave the stock a “buy” rating in a research note on Tuesday, September 27th. BNP Paribas set a €88.00 ($96.70) price objective on shares of HeidelbergCement AG and gave the stock a “buy” rating in a research note on Wednesday, August 3rd. Commerzbank AG set a €90.00 ($98.90) price objective on shares of HeidelbergCement AG and gave the stock a “buy” rating in a research note on Tuesday, October 4th. Finally, HSBC set a €90.00 ($98.90) price objective on shares of HeidelbergCement AG and gave the stock a “buy” rating in a research note on Wednesday, October 5th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and nine have given a buy rating to the company’s stock. HeidelbergCement AG presently has an average rating of “Hold” and an average target price of €86.08 ($94.59).

Analyst Recommendations for HeidelbergCement AG (ETR:HEI)

Shares of HeidelbergCement AG (ETR:HEI) opened at 87.80 on Thursday. HeidelbergCement AG has a one year low of €58.70 and a one year high of €94.42. The company has a 50-day moving average of €85.27 and a 200 day moving average of €78.20. The stock has a market cap of €17.02 billion and a PE ratio of 22.07.

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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