HeidelbergCement AG (ETR:HEI) has been assigned a €80.00 ($86.02) target price by research analysts at Nord/LB in a research note issued to investors on Friday. The brokerage presently has a “neutral” rating on the stock.

A number of other research firms have also issued reports on HEI. JPMorgan Chase & Co. set a €79.00 ($84.95) price target on HeidelbergCement AG and gave the company a “neutral” rating in a research report on Friday, August 12th. Societe Generale set a €83.00 ($89.25) price target on HeidelbergCement AG and gave the company a “neutral” rating in a research report on Friday, August 5th. Sanford C. Bernstein set a €95.00 ($102.15) price target on HeidelbergCement AG and gave the company a “buy” rating in a research report on Friday, November 18th. Deutsche Bank AG set a €86.00 ($92.47) price target on HeidelbergCement AG and gave the company a “neutral” rating in a research report on Monday, October 10th. Finally, Commerzbank AG set a €90.00 ($96.77) price target on HeidelbergCement AG and gave the company a “buy” rating in a research report on Monday, November 7th. Five investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of €85.53 ($91.96).

Analyst Recommendations for HeidelbergCement AG (ETR:HEI)

Shares of HeidelbergCement AG (ETR:HEI) opened at 83.929 on Friday. 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 price is €85.60 and its 200-day moving average price is €78.65. The firm has a market cap of €16.65 billion and a P/E ratio of 21.088.

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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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