Commerzbank Ag set a €109.00 ($128.24) target price on HeidelbergCement AG (ETR:HEI) in a research note issued to investors on Tuesday morning. The brokerage currently has a buy rating on the basic materials company’s stock.

HEI has been the subject of a number of other research reports. Jefferies Group LLC set a €98.00 ($115.29) target price on HeidelbergCement AG and gave the stock a buy rating in a research report on Wednesday, November 8th. Kepler Capital Markets set a €85.00 ($100.00) target price on HeidelbergCement AG and gave the stock a buy rating in a research report on Wednesday, September 20th. Sanford C. Bernstein set a €102.00 ($120.00) target price on HeidelbergCement AG and gave the stock a buy rating in a research report on Thursday, November 16th. Deutsche Bank AG set a €98.00 ($115.29) target price on HeidelbergCement AG and gave the stock a buy rating in a research report on Thursday, October 5th. Finally, J P Morgan Chase & Co set a €86.00 ($101.18) target price on HeidelbergCement AG and gave the stock a neutral rating in a research report on Wednesday, September 20th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the company. The company has an average rating of Buy and a consensus price target of €95.85 ($112.76).

Shares of HeidelbergCement AG (HEI) opened at €90.36 ($106.31) on Tuesday. HeidelbergCement AG has a 12-month low of €76.94 ($90.52) and a 12-month high of €93.80 ($110.35).

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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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