HeidelbergCement AG (HEI) PT Set at €95.00 by Citigroup Inc.
HeidelbergCement AG (ETR:HEI) has been given a €95.00 ($113.10) price target by Citigroup Inc. in a note issued to investors on Thursday. The brokerage presently has a “buy” rating on the basic materials company’s stock.
A number of other equities research analysts also recently weighed in on the company. Kepler Capital Markets set a €85.00 ($101.19) target price on HeidelbergCement AG and gave the stock a “buy” rating in a research report on Wednesday. J P Morgan Chase & Co set a €86.00 ($102.38) target price on HeidelbergCement AG and gave the stock a “neutral” rating in a research report on Thursday, August 24th. Deutsche Bank AG set a €98.00 ($116.67) target price on HeidelbergCement AG and gave the stock a “buy” rating in a research report on Wednesday, August 16th. Commerzbank Ag set a €81.00 ($96.43) target price on HeidelbergCement AG and gave the stock a “neutral” rating in a research report on Monday, August 14th. Finally, UBS AG set a €86.50 ($102.98) target price on HeidelbergCement AG and gave the stock a “neutral” rating in a research report on Friday, August 11th. Two 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 company has a consensus rating of “Hold” and a consensus price target of €93.12 ($110.86).
HeidelbergCement AG (HEI) opened at 81.484 on Thursday. The company has a 50-day moving average price of €82.35 and a 200 day moving average price of €85.47. The stock has a market capitalization of €16.20 billion and a P/E ratio of 21.614. HeidelbergCement AG has a 1-year low of €77.50 and a 1-year high of €94.42.
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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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