Citigroup Inc. upgraded shares of HeidelbergCement AG (OTC:HDELY) from a neutral rating to a buy rating in a research report released on Thursday.

A number of other analysts have also recently weighed in on HDELY. Kepler Capital Markets upgraded HeidelbergCement AG from a reduce rating to a hold rating in a research report on Friday, June 9th. Societe Generale upgraded HeidelbergCement AG from a sell rating to a hold rating in a report on Friday, May 12th. Finally, Davy Research upgraded HeidelbergCement AG from a neutral rating to an outperform rating in a report on Friday, June 16th.

HeidelbergCement AG (OTC HDELY) traded up 0.89% during trading on Thursday, reaching $19.37. 4,736 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is $19.31 and its 200-day moving average price is $19.00. The company has a market capitalization of $19.26 billion, a price-to-earnings ratio of 21.93 and a beta of 1.24. HeidelbergCement AG has a 52-week low of $17.44 and a 52-week high of $20.15.

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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.

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