Barclays PLC set a €100.00 ($116.28) target price on HeidelbergCement AG (ETR:HEI) in a report published on Friday morning. The brokerage currently has a buy rating on the basic materials company’s stock.
HEI has been the topic of several other reports. J P Morgan Chase & Co set a €91.00 ($105.81) price target on HeidelbergCement AG and gave the company a neutral rating in a report on Monday, July 17th. Berenberg Bank set a €99.00 ($115.12) price target on HeidelbergCement AG and gave the company a buy rating in a report on Wednesday, October 18th. Deutsche Bank AG set a €99.00 ($115.12) price target on HeidelbergCement AG and gave the company a buy rating in a report on Wednesday, July 19th. UBS AG set a €86.50 ($100.58) price target on HeidelbergCement AG and gave the company a neutral rating in a report on Friday, August 11th. Finally, DZ Bank AG reissued a buy rating on shares of HeidelbergCement AG in a report on Tuesday, August 1st. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of €93.35 ($108.54).
HeidelbergCement AG (ETR:HEI) opened at €89.97 ($104.62) on Friday. HeidelbergCement AG has a twelve month low of €76.95 ($89.48) and a twelve month 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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