HeidelbergCement (ETR:HEI) PT Set at €81.00 by Independent Research
Independent Research set a €81.00 ($95.29) target price on HeidelbergCement (ETR:HEI) in a research note published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the basic materials company’s stock.
Several other equities analysts have also recently commented on the stock. Barclays set a €74.00 ($87.06) target price on shares of HeidelbergCement and gave the company a neutral rating in a research report on Thursday, March 18th. UBS Group set a €73.00 ($85.88) target price on shares of HeidelbergCement and gave the company a buy rating in a research report on Friday, March 19th. DZ Bank restated a buy rating on shares of HeidelbergCement in a research report on Friday, March 19th. Morgan Stanley set a €78.00 ($91.76) target price on shares of HeidelbergCement and gave the company a buy rating in a research report on Friday, January 22nd. Finally, JPMorgan Chase & Co. set a €70.00 ($82.35) target price on shares of HeidelbergCement and gave the company a neutral rating in a research report on Thursday, March 18th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of €71.57 ($84.20).
Shares of ETR:HEI opened at €77.54 ($91.22) on Wednesday. The firm has a 50 day moving average of €71.50 and a 200-day moving average of €62.04. The stock has a market capitalization of $15.39 billion and a PE ratio of -7.14. The company has a current ratio of 1.24, a quick ratio of 0.82 and a debt-to-equity ratio of 68.08. HeidelbergCement has a 12 month low of €37.96 ($44.66) and a 12 month high of €78.96 ($92.89).
HeidelbergCement AG produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. The company provides cement products, including special cements with targeted characteristics, special geotechnical building materials, and a range of binders. It also offers 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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