Citigroup Inc. set a €102.00 ($118.60) target price on HeidelbergCement AG (ETR:HEI) in a research note published on Thursday. The firm currently has a buy rating on the basic materials company’s stock.

HEI has been the subject of several other research reports. Jefferies Group LLC set a €98.00 ($113.95) price objective on shares of HeidelbergCement AG and gave the stock a buy rating in a research note on Wednesday, November 8th. Kepler Capital Markets set a €85.00 ($98.84) price objective on shares of HeidelbergCement AG and gave the stock a buy rating in a research note on Wednesday, September 20th. Deutsche Bank AG set a €98.00 ($113.95) price objective on shares of HeidelbergCement AG and gave the stock a buy rating in a research note on Thursday, October 5th. J P Morgan Chase & Co set a €86.00 ($100.00) price objective on shares of HeidelbergCement AG and gave the stock a neutral rating in a research note on Wednesday, September 20th. Finally, BNP Paribas set a €109.00 ($126.74) price objective on shares of HeidelbergCement AG and gave the stock a buy rating in a research note on Thursday, October 12th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of €94.03 ($109.33).

HeidelbergCement AG (HEI) opened at €92.78 ($107.88) on Thursday. HeidelbergCement AG has a 52 week low of €76.94 ($89.47) and a 52 week high of €92.98 ($108.12).

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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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