Berenberg Bank set a €102.00 ($121.43) target price on HeidelbergCement (ETR:HEI) in a research note released on Tuesday. The firm currently has a buy rating on the basic materials company’s stock.

A number of other analysts have also issued reports on HEI. Independent Research set a €90.00 ($107.14) price target on HeidelbergCement and gave the company a neutral rating in a report on Monday, September 25th. J P Morgan Chase & Co set a €84.00 ($100.00) price target on HeidelbergCement and gave the company a sell rating in a report on Wednesday, December 13th. Sanford C. Bernstein set a €97.75 ($116.37) price target on HeidelbergCement and gave the company a buy rating in a report on Wednesday, September 20th. DZ Bank reiterated a buy rating on shares of HeidelbergCement in a report on Wednesday, September 6th. Finally, Jefferies Group set a €98.00 ($116.67) price target on HeidelbergCement and gave the company a buy rating in a report on Wednesday, September 27th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company. The company currently has an average rating of Buy and a consensus target price of €96.06 ($114.35).

Shares of HeidelbergCement (ETR:HEI) opened at €90.39 ($107.61) on Tuesday. HeidelbergCement has a twelve month low of €76.94 ($91.60) and a twelve month high of €93.80 ($111.67).

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About HeidelbergCement

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 (ETR:HEI)

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