Independent Research set a €94.00 ($116.05) price objective on HeidelbergCement (ETR:HEI) in a report published on Tuesday, February 20th. The brokerage currently has a neutral rating on the basic materials company’s stock.
Other equities analysts also recently issued reports about the company. JPMorgan Chase & Co. set a €83.00 ($102.47) price target on HeidelbergCement and gave the stock a sell rating in a research note on Wednesday, November 8th. Kepler Capital Markets set a €87.00 ($107.41) price target on HeidelbergCement and gave the company a neutral rating in a report on Wednesday, February 7th. S&P Global set a €80.00 ($98.77) target price on HeidelbergCement and gave the stock a sell rating in a report on Wednesday, November 8th. Sanford C. Bernstein set a €96.08 ($118.62) price target on HeidelbergCement and gave the stock a buy rating in a research report on Wednesday, October 25th. Finally, UBS Group restated a neutral rating on shares of HeidelbergCement in a research report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have issued a buy rating to the stock. HeidelbergCement presently has an average rating of Buy and an average price target of €96.43 ($119.04).
Shares of HeidelbergCement (HEI) traded down €0.48 ($0.59) during trading hours on Tuesday, hitting €82.06 ($101.31). The stock had a trading volume of 519,133 shares, compared to its average volume of 714,063. HeidelbergCement has a 12-month low of €76.94 ($94.99) and a 12-month high of €96.00 ($118.52). The company has a market cap of $16,280.00 and a price-to-earnings ratio of 17.80.
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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