Heidelberg Materials (OTCMKTS:HDLMY) Downgraded to “Hold” Rating by Royal Bank Of Canada

Royal Bank Of Canada downgraded shares of Heidelberg Materials (OTCMKTS:HDLMY) from a moderate buy rating to a hold rating in a research note published on Monday morning,Zacks.com reports.

Separately, Barclays raised Heidelberg Materials from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 17th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy”.

Heidelberg Materials Price Performance

Shares of OTCMKTS HDLMY opened at $51.48 on Monday. Heidelberg Materials has a 1 year low of $24.15 and a 1 year high of $51.83.

About Heidelberg Materials

Heidelberg Materials AG, together with its subsidiaries, produces and distributes cement, aggregates, ready-mixed concrete and asphalt. It provides cement products; natural stone aggregates and ready-mixed concrete. Heidelberg Materials AG, formerly known as HeidelbergCement AG, is based in Heidelberg, Germany.