Deutsche Bank AG set a €86.00 ($92.47) target price on HeidelbergCement AG (ETR:HEI) in a research note published on Thursday morning. The brokerage currently has a a neutral rating on the stock.

Several other equities analysts have also issued reports on HEI. BNP Paribas set a €85.00 ($91.40) target price on HeidelbergCement AG and gave the stock a buy rating in a research report on Thursday, July 14th. JPMorgan Chase & Co. set a €77.00 ($82.80) target price on HeidelbergCement AG and gave the stock a neutral rating in a research report on Monday, July 18th. Sanford C. Bernstein set a €92.00 ($98.92) target price on HeidelbergCement AG and gave the stock a buy rating in a research report on Friday, July 22nd. Commerzbank AG set a €90.00 ($96.77) price objective on HeidelbergCement AG and gave the company a buy rating in a research report on Monday, July 25th. Finally, Bankhaus Lampe set a €90.00 ($96.77) price objective on HeidelbergCement AG and gave the company a buy rating in a research report on Monday, July 25th. Three investment 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. The stock has an average rating of Hold and a consensus target price of €86.08 ($92.55).

HeidelbergCement AG (ETR:HEI) opened at 87.60 on Thursday. The company has a market cap of €17.38 billion and a price-to-earnings ratio of 22.01. HeidelbergCement AG has a 12 month low of €58.70 and a 12 month high of €94.42. The company’s 50-day moving average is €85.39 and its 200 day moving average is €78.25.

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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