HeidelbergCement AG (HDELY) Given Consensus Recommendation of “Buy” by Brokerages

HeidelbergCement AG (OTCMKTS:HDELY) has received an average recommendation of “Buy” from the nine brokerages that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $24.00.

A number of research analysts recently issued reports on HDELY shares. JPMorgan Chase & Co. downgraded shares of HeidelbergCement from a “neutral” rating to an “underweight” rating in a research report on Wednesday, October 18th. Zacks Investment Research downgraded shares of HeidelbergCement from a “hold” rating to a “sell” rating in a research report on Tuesday, November 28th. Finally, Jefferies Group started coverage on shares of HeidelbergCement in a research report on Wednesday, September 27th. They set a “buy” rating on the stock.

HeidelbergCement (OTCMKTS HDELY) opened at $22.39 on Wednesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.80 and a current ratio of 1.12. HeidelbergCement has a 1 year low of $17.94 and a 1 year high of $22.45. The stock has a market cap of $22,160.00, a price-to-earnings ratio of 26.66, a P/E/G ratio of 2.02 and a beta of 1.45.

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About HeidelbergCement

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 (OTCMKTS:HDELY)

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