J P Morgan Chase & Co Analysts Give HeidelbergCement AG (HEI) a €86.00 Price Target

HeidelbergCement AG (ETR:HEI) has been given a €86.00 ($101.18) target price by research analysts at J P Morgan Chase & Co in a research report issued on Wednesday. The firm currently has a “neutral” rating on the basic materials company’s stock.

Several other equities research analysts have also recently commented on the company. Nord/LB set a €85.00 ($100.00) price objective on HeidelbergCement AG and gave the stock a “neutral” rating in a research report on Tuesday, June 27th. Deutsche Bank AG set a €99.00 ($116.47) target price on HeidelbergCement AG and gave the company a “buy” rating in a report on Thursday, June 29th. Barclays PLC set a €90.00 ($105.88) target price on HeidelbergCement AG and gave the company a “neutral” rating in a report on Thursday, July 20th. HSBC Holdings plc set a €120.00 ($141.18) target price on HeidelbergCement AG and gave the company a “buy” rating in a report on Wednesday, June 21st. Finally, Sanford C. Bernstein set a €102.00 ($120.00) target price on HeidelbergCement AG and gave the company a “buy” rating in a report on Friday, June 23rd. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of €92.92 ($109.31).

HeidelbergCement AG (ETR:HEI) traded up 0.805% during trading on Wednesday, reaching €86.059. 940 shares of the company’s stock were exchanged. HeidelbergCement AG has a 52 week low of €76.95 and a 52 week high of €94.42. The stock has a 50-day moving average of €82.82 and a 200-day moving average of €84.59. The stock has a market capitalization of €17.11 billion and a PE ratio of 22.827.

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HeidelbergCement AG Company Profile

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 AG (ETR:HEI)

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