Brokerages Set HEIDELBERGCEMEN/ADR (HDELY) PT at $23.00
HEIDELBERGCEMEN/ADR (OTCMKTS:HDELY) has been given a consensus recommendation of “Hold” by the six analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $23.00.
Separately, Deutsche Bank lowered shares of HEIDELBERGCEMEN/ADR from a “buy” rating to a “hold” rating in a report on Monday.
Shares of HDELY stock traded down $0.25 during trading hours on Monday, hitting $12.38. The company had a trading volume of 27,440 shares, compared to its average volume of 65,127. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.75 and a current ratio of 1.03. HEIDELBERGCEMEN/ADR has a fifty-two week low of $12.38 and a fifty-two week high of $23.06. The firm has a market cap of $12.53 billion, a P/E ratio of 9.83 and a beta of 1.12.
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.
Featured Article: How dollar cost averaging works
Receive News & Ratings for HEIDELBERGCEMEN/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HEIDELBERGCEMEN/ADR and related companies with MarketBeat.com's FREE daily email newsletter.