HeidelbergCement AG (ETR:HEI) has been given a €75.00 ($80.65) price target by analysts at Commerzbank AG in a note issued to investors on Thursday. The firm presently has a “sell” rating on the stock.

A number of other research analysts have also issued reports on HEI. Sanford C. Bernstein set a €92.00 ($98.92) target price on HeidelbergCement AG and gave the company a “buy” rating in a research report on Friday, July 29th. Baader Bank set a €90.00 ($96.77) target price on HeidelbergCement AG and gave the company a “buy” rating in a research report on Friday, July 29th. DZ Bank AG reiterated a “buy” rating on shares of HeidelbergCement AG in a research report on Friday, July 29th. S&P Global Inc. set a €72.00 ($77.42) target price on HeidelbergCement AG and gave the company a “sell” rating in a research report on Friday, July 29th. Finally, Kepler Capital Markets set a €78.00 ($83.87) target price on HeidelbergCement AG and gave the company a “buy” rating in a research report on Friday, July 29th. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the stock. HeidelbergCement AG presently has a consensus rating of “Hold” and a consensus target price of €85.53 ($91.96).

Analyst Recommendations for HeidelbergCement AG (ETR:HEI)

HeidelbergCement AG (ETR:HEI) opened at 84.034 on Thursday. The stock has a market capitalization of €16.67 billion and a price-to-earnings ratio of 21.114. HeidelbergCement AG has a 1-year low of €58.70 and a 1-year high of €94.42. The firm’s 50-day moving average is €85.60 and its 200 day moving average is €78.68.

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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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