HeidelbergCement AG (ETR:HEI) has been given a €98.00 ($105.38) price target by analysts at Jefferies Group in a report released on Friday. The firm presently has a a “buy” rating on the stock.

Several other research analysts have also recently weighed in on the company. Independent Research GmbH set a €98.00 ($105.38) price objective on HeidelbergCement AG and gave the stock a “neutral” rating in a research report on Thursday, November 10th. JPMorgan Chase & Co. set a €83.00 ($89.25) price objective on HeidelbergCement AG and gave the stock a “neutral” rating in a research report on Thursday, November 10th. Deutsche Bank AG set a €86.00 ($92.47) price objective on HeidelbergCement AG and gave the stock a “neutral” rating in a research report on Thursday, November 10th. S&P Global Inc. set a €80.00 ($86.02) price objective on HeidelbergCement AG and gave the stock a “sell” rating in a research report on Thursday, November 10th. Finally, DZ Bank AG reissued a “buy” rating on shares of HeidelbergCement AG in a research report on Wednesday, November 9th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of €86.08 ($92.55).

Analyst Recommendations for HeidelbergCement AG (ETR:HEI)

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