HeidelbergCement AG (HDELY) Upgraded by Barclays PLC to Overweight
Other research analysts have also issued reports about the stock. Citigroup Inc. raised shares of HeidelbergCement AG from a neutral rating to a buy rating in a report on Thursday, August 31st. Kepler Capital Markets raised shares of HeidelbergCement AG from a reduce rating to a hold rating in a report on Friday, June 9th. Societe Generale raised shares of HeidelbergCement AG from a sell rating to a hold rating in a report on Friday, May 12th. Finally, Davy Research raised shares of HeidelbergCement AG from a neutral rating to an outperform rating in a report on Friday, June 16th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. HeidelbergCement AG has a consensus rating of Buy.
Shares of HeidelbergCement AG (OTC:HDELY) traded up 0.72% during midday trading on Thursday, hitting $19.71. 1,154 shares of the stock traded hands. HeidelbergCement AG has a one year low of $17.44 and a one year high of $20.15. The firm has a 50-day moving average price of $19.25 and a 200 day moving average price of $19.03. The stock has a market cap of $19.60 billion, a price-to-earnings ratio of 22.32 and a beta of 1.25.
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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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