Commerzbank Ag set a €81.00 ($94.19) price objective on HeidelbergCement AG (ETR:HEI) in a research note published on Wednesday. The brokerage currently has a neutral rating on the basic materials company’s stock.
Several other equities research analysts have also recently commented on the stock. J P Morgan Chase & Co set a €83.00 ($96.51) price objective on shares of HeidelbergCement AG and gave the company a sell rating in a research report on Wednesday. Sanford C. Bernstein set a €96.08 ($111.72) price objective on shares of HeidelbergCement AG and gave the company a buy rating in a research report on Wednesday. Jefferies Group LLC set a €98.00 ($113.95) price objective on shares of HeidelbergCement AG and gave the company a buy rating in a research report on Tuesday, October 31st. UBS AG reaffirmed a neutral rating on shares of HeidelbergCement AG in a research report on Friday, October 27th. Finally, Berenberg Bank set a €99.00 ($115.12) price objective on shares of HeidelbergCement AG and gave the company a buy rating in a research report on Wednesday, October 18th. Two analysts have rated the stock with a sell rating, six have given a hold rating and eleven have assigned a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of €93.35 ($108.54).
Shares of HeidelbergCement AG (ETR:HEI) opened at €91.14 ($105.98) on Wednesday. HeidelbergCement AG has a 52-week low of €76.95 ($89.48) and a 52-week high of €94.59 ($109.99).
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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.
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