Deutsche Bank AG set a €98.00 ($115.29) price target on HeidelbergCement AG (ETR:HEI) in a research note released on Thursday morning. The firm currently has a buy rating on the basic materials company’s stock.

Several other research analysts have also weighed in on the stock. HSBC Holdings plc set a €102.00 ($120.00) price objective on shares of HeidelbergCement AG and gave the stock a buy rating in a research note on Thursday, September 28th. Jefferies Group LLC set a €98.00 ($115.29) price objective on shares of HeidelbergCement AG and gave the stock a buy rating in a research note on Wednesday, September 27th. Independent Research GmbH set a €90.00 ($105.88) price objective on shares of HeidelbergCement AG and gave the stock a neutral rating in a research note on Monday, September 25th. Barclays PLC set a €94.00 ($110.59) price objective on shares of HeidelbergCement AG and gave the stock a buy rating in a research note on Thursday, September 21st. Finally, Kepler Capital Markets set a €85.00 ($100.00) price objective on shares of HeidelbergCement AG and gave the stock a buy rating in a research note on Wednesday, September 20th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the company’s stock. HeidelbergCement AG has a consensus rating of Hold and a consensus target price of €92.92 ($109.31).

Shares of HeidelbergCement AG (ETR HEI) opened at 85.489 on Thursday. The company has a market capitalization of €17.00 billion and a PE ratio of 22.676. The firm’s 50-day moving average is €82.55 and its 200-day moving average is €84.67. HeidelbergCement AG has a 12-month low of €76.95 and a 12-month high of €94.42.

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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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