HeidelbergCement (ETR:HEI)‘s stock had its “buy” rating reiterated by investment analysts at Bank of America in a research note issued on Friday.

HEI has been the topic of a number of other research reports. Barclays set a €98.00 ($113.95) price target on shares of HeidelbergCement and gave the company a “buy” rating in a research note on Thursday, June 14th. UBS Group set a €86.00 ($100.00) price objective on shares of HeidelbergCement and gave the company a “buy” rating in a report on Tuesday, July 31st. Nord/LB set a €75.00 ($87.21) price objective on shares of HeidelbergCement and gave the company a “neutral” rating in a report on Tuesday, August 14th. Kepler Capital Markets set a €88.00 ($102.33) price objective on shares of HeidelbergCement and gave the company a “buy” rating in a report on Tuesday, July 31st. Finally, Societe Generale set a €80.00 ($93.02) price objective on shares of HeidelbergCement and gave the company a “neutral” rating in a report on Wednesday, June 13th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and fourteen have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of €89.55 ($104.13).

Shares of HEI opened at €68.96 ($80.19) on Friday. HeidelbergCement has a twelve month low of €76.94 ($89.47) and a twelve month high of €96.00 ($111.63).

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.

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Analyst Recommendations for HeidelbergCement (ETR:HEI)

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