HEIDELBERGCEMEN/ADR (HDELY) Rating Lowered to Hold at Deutsche Bank

Deutsche Bank downgraded shares of HEIDELBERGCEMEN/ADR (OTCMKTS:HDELY) from a buy rating to a hold rating in a research report report published on Monday morning, The Fly reports.

HEIDELBERGCEMEN/ADR stock opened at $12.66 on Monday. The firm has a market cap of $12.53 billion, a price-to-earnings ratio of 9.91 and a beta of 1.12. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.03 and a quick ratio of 0.75. HEIDELBERGCEMEN/ADR has a fifty-two week low of $12.37 and a fifty-two week high of $23.06.

HEIDELBERGCEMEN/ADR 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.

Featured Article: What is a Tariff?

The Fly

Receive News & Ratings for HEIDELBERGCEMEN/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HEIDELBERGCEMEN/ADR and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply