Analysts Set HeidelbergCement AG (ETR:HEI) PT at €75.41
HeidelbergCement AG (ETR:HEI) has received an average recommendation of “Buy” from the nineteen research firms that are currently covering the company, Marketbeat Ratings reports. Nine research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is €75.59 ($87.89).
A number of research analysts have issued reports on the company. UBS Group reiterated a “hold” rating and set a $130.00 price target on shares of Continental in a research report on Wednesday, May 15th. Kepler Capital Markets set a €112.00 ($130.23) price target on LEG Immobilien and gave the stock a “buy” rating in a research report on Thursday, May 9th. JPMorgan Chase & Co. boosted their price target on from GBX 385 ($5.03) to GBX 480 ($6.27) and gave the stock an “overweight” rating in a research report on Wednesday, July 3rd. Morgan Stanley restated a “buy” rating on shares of GW Pharmaceuticals PLC- in a report on Tuesday, April 9th. Finally, Sanford C. Bernstein upgraded Farfetch from an “underperform” rating to a “market perform” rating in a report on Friday, June 7th.
HEI stock traded down €0.10 ($0.12) during trading on Friday, reaching €68.28 ($79.40). 592,458 shares of the company’s stock were exchanged, compared to its average volume of 712,290. The company has a current ratio of 1.20, a quick ratio of 0.84 and a debt-to-equity ratio of 65.28. HeidelbergCement has a 1-year low of €51.84 ($60.28) and a 1-year high of €74.14 ($86.21). The company has a fifty day simple moving average of €68.78. The stock has a market capitalization of $13.55 billion and a price-to-earnings ratio of 11.85.
HeidelbergCement AG produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. The company offers cement products, including special cements with targeted characteristics, special geotechnical building materials, and a range of binders. It also provides natural stone aggregates, comprising sand and gravel; crushed aggregates, such as stone chippings and crushed stones; and concrete/ready-mixed concrete for the production of precast concrete parts consisting of stairs, ceiling elements, or structural components, as well as for use in the construction of tunnels or bridges, office buildings, or schools.
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