Citigroup Inc. set a €95.00 ($111.76) price objective on HeidelbergCement AG (ETR:HEI) in a report published on Friday morning. The brokerage currently has a neutral rating on the basic materials company’s stock.

Several other equities research analysts have also recently issued reports on HEI. UBS AG set a €88.00 ($103.53) price objective on shares of HeidelbergCement AG and gave the company a neutral rating in a research report on Wednesday, May 10th. Societe Generale set a €83.00 ($97.65) price objective on shares of HeidelbergCement AG and gave the company a neutral rating in a research report on Monday, August 7th. J P Morgan Chase & Co set a €86.00 ($101.18) price objective on shares of HeidelbergCement AG and gave the company a neutral rating in a research report on Monday, August 7th. Commerzbank Ag set a €80.00 ($94.12) price objective on shares of HeidelbergCement AG and gave the company a sell rating in a research report on Saturday, May 20th. Finally, Independent Research GmbH set a €90.00 ($105.88) price objective on shares of HeidelbergCement AG and gave the company a neutral rating in a research report on Tuesday, August 1st. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of €93.21 ($109.66).

HeidelbergCement AG (ETR:HEI) opened at 80.349 on Friday. The stock has a market cap of €15.98 billion and a PE ratio of 21.313. HeidelbergCement AG has a 1-year low of €77.50 and a 1-year high of €94.42. The firm has a 50-day moving average of €84.88 and a 200-day moving average of €86.42.

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About HeidelbergCement AG

HeidelbergCement AG produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. Its cement products include special cements with targeted characteristics, special geotechnical building materials, and a range of binders. The company offers natural stone and crushed aggregates, including sand, gravel, stone chippings, and crushed stones; concrete/ready-mixed concrete that is used for the production of precast concrete parts, such as stairs, ceiling elements, or structural components, as well as for use in the construction of tunnels or bridges, office buildings, and schools; and asphalt, which is primarily used in the building of traffic infrastructure comprising roads, walkways, and parking lots.

Analyst Recommendations for HeidelbergCement AG (ETR:HEI)

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