Berenberg Bank set a €75.00 ($83.33) target price on HeidelbergCement AG (ETR:HEI) in a research report released on Wednesday. The firm currently has a a buy rating on the stock.

Analyst Recommendations for HeidelbergCement AG (ETR:HEI)

Other equities research analysts have also issued reports about the company. Bankhaus Lampe set a €106.00 ($117.78) price target on HeidelbergCement AG and gave the company a buy rating in a research report on Wednesday. JPMorgan Chase & Co. set a €79.00 ($87.78) price objective on HeidelbergCement AG and gave the stock a neutral rating in a research note on Tuesday, June 14th. BNP Paribas set a €94.50 ($105.00) price objective on HeidelbergCement AG and gave the stock a buy rating in a research note on Tuesday, June 21st. Independent Research GmbH set a €76.00 ($84.44) price objective on HeidelbergCement AG and gave the stock a neutral rating in a research note on Monday, July 25th. Finally, HSBC set a €89.00 ($98.89) price objective on HeidelbergCement AG and gave the stock a buy rating in a research note on Monday. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of €83.70 ($93.00).

HeidelbergCement AG (ETR:HEI) opened at 84.048 on Wednesday. The company has a 50-day moving average of €80.01 and a 200-day moving average of €75.40. HeidelbergCement AG has a 52-week low of €58.70 and a 52-week high of €84.18. The stock has a market capitalization of €15.83 billion and a price-to-earnings ratio of 17.587.

HeidelbergCement AG Company Profile

Heidelbergcement AG is a Germany-based company engaged in the manufacture of building materials. The Company’s main activities include the production and distribution of cement and aggregates, the two raw materials for the manufacture of concrete. Furthermore it is engaged in downstream activities, such as ready-mixed concrete, concrete products, and concrete elements, as well as other related products and services.

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