HeidelbergCement (ETR:HEI) has been given a €105.00 ($125.00) target price by equities research analysts at Sanford C. Bernstein in a research report issued to clients and investors on Tuesday. The firm presently has a “buy” rating on the basic materials company’s stock. Sanford C. Bernstein’s price target would suggest a potential upside of 13.71% from the stock’s current price.
A number of other research firms have also weighed in on HEI. Commerzbank set a €109.00 ($129.76) price objective on shares of HeidelbergCement and gave the company a “buy” rating in a research note on Tuesday, November 21st. JPMorgan Chase & Co. set a €84.00 ($100.00) price objective on shares of HeidelbergCement and gave the company a “sell” rating in a research note on Wednesday, December 13th. Citigroup set a €102.00 ($121.43) price target on shares of HeidelbergCement and gave the company a “buy” rating in a research report on Thursday, November 16th. UBS Group set a €86.50 ($102.98) price target on shares of HeidelbergCement and gave the company a “neutral” rating in a research report on Monday, October 16th. Finally, Jefferies Group set a €98.00 ($116.67) price target on shares of HeidelbergCement and gave the company a “buy” rating in a research report on Tuesday, October 31st. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the company. HeidelbergCement currently has an average rating of “Buy” and an average price target of €96.16 ($114.48).
HeidelbergCement (ETR HEI) opened at €92.34 ($109.93) on Tuesday. HeidelbergCement has a 12 month low of €76.94 ($91.60) and a 12 month high of €96.00 ($114.29). The firm has a market cap of $18,320.00 and a price-to-earnings ratio of 20.03.
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HeidelbergCement 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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