Kepler Capital Markets set a €85.00 ($101.19) price target on HeidelbergCement AG (ETR:HEI) in a research report released on Wednesday. The brokerage currently has a buy rating on the basic materials company’s stock.

HEI has been the subject of several other research reports. J P Morgan Chase & Co set a €91.00 ($108.33) price objective on shares of HeidelbergCement AG and gave the stock a neutral rating in a report on Monday, July 17th. Deutsche Bank AG set a €99.00 ($117.86) price objective on shares of HeidelbergCement AG and gave the stock a buy rating in a report on Wednesday, July 19th. UBS AG set a €86.50 ($102.98) price objective on shares of HeidelbergCement AG and gave the stock a neutral rating in a report on Friday, August 11th. DZ Bank AG reaffirmed a buy rating on shares of HeidelbergCement AG in a report on Tuesday, August 1st. Finally, BNP Paribas set a €107.00 ($127.38) price objective on shares of HeidelbergCement AG and gave the stock a buy rating in a report on Saturday, May 20th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eleven have given a buy rating to the company. The stock has an average rating of Hold and a consensus price target of €93.12 ($110.86).

Shares of HeidelbergCement AG (ETR:HEI) opened at 80.75 on Wednesday. HeidelbergCement AG has a 52-week low of €77.50 and a 52-week high of €94.42. The firm has a market capitalization of €16.06 billion and a PE ratio of 21.42. The firm’s 50-day moving average price is €83.42 and its 200-day moving average price is €85.77.

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HeidelbergCement AG Company Profile

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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