JPMorgan Chase & Co. set a €83.00 ($89.25) target price on HeidelbergCement AG (ETR:HEI) in a report released on Thursday morning. The firm currently has a a neutral rating on the stock.

Several other equities research analysts have also issued reports on the stock. Deutsche Bank AG set a €86.00 ($92.47) target price on shares of HeidelbergCement AG and gave the stock a neutral rating in a report on Thursday, November 10th. S&P Global Inc. set a €80.00 ($86.02) target price on shares of HeidelbergCement AG and gave the stock a sell rating in a report on Thursday, November 10th. DZ Bank AG reissued a buy rating on shares of HeidelbergCement AG in a report on Wednesday, November 9th. Kepler Capital Markets set a €78.00 ($83.87) target price on shares of HeidelbergCement AG and gave the stock a neutral rating in a report on Wednesday, November 9th. Finally, Sanford C. Bernstein set a €95.00 ($102.15) target price on shares of HeidelbergCement AG and gave the stock a buy rating in a report on Wednesday, November 9th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and nine have assigned a buy rating to the company’s stock. HeidelbergCement AG has a consensus rating of Hold and a consensus target price of €86.08 ($92.55).

Shares of HeidelbergCement AG (ETR:HEI) opened at 87.85 on Thursday. The stock has a 50 day moving average of €85.39 and a 200-day moving average of €78.25. The company has a market capitalization of €17.43 billion and a price-to-earnings ratio of 22.07. HeidelbergCement AG has a one year low of €58.70 and a one year high of €94.42.

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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