HeidelbergCement AG (HEI) PT Set at €85.00 by Nord/LB
Nord/LB set a €85.00 ($100.00) price target on HeidelbergCement AG (ETR:HEI) in a research note published on Thursday morning. The brokerage currently has a neutral rating on the basic materials company’s stock.
A number of other brokerages have also recently issued reports on HEI. J P Morgan Chase & Co reissued a neutral rating on shares of HeidelbergCement in a report on Tuesday, August 15th. Commerzbank Ag set a €109.00 ($128.24) price objective on HeidelbergCement and gave the company a buy rating in a report on Tuesday, November 21st. S&P Global set a €80.00 ($94.12) price objective on HeidelbergCement and gave the company a sell rating in a report on Wednesday, August 2nd. UBS AG set a €90.00 ($105.88) price target on HeidelbergCement and gave the company a neutral rating in a report on Tuesday, August 1st. Finally, Kepler Capital Markets set a €85.00 ($100.00) price target on HeidelbergCement and gave the company a buy rating in a report on Wednesday, August 30th. Two 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 stock. HeidelbergCement currently has a consensus rating of Buy and a consensus price target of €95.85 ($112.76).
HeidelbergCement (ETR:HEI) opened at €90.36 ($106.31) on Thursday. HeidelbergCement has a twelve month low of €76.94 ($90.52) and a twelve month high of €93.80 ($110.35).
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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