Commerzbank Ag Reiterates €79.00 Price Target for HeidelbergCement AG (HEI)
A number of other brokerages also recently weighed in on HEI. Nord/LB set a €80.00 ($86.02) price target on shares of HeidelbergCement AG and gave the company a neutral rating in a report on Friday, November 25th. Deutsche Bank AG reissued a neutral rating on shares of HeidelbergCement AG in a report on Thursday, January 19th. Sanford C. Bernstein set a €95.00 ($102.15) price target on shares of HeidelbergCement AG and gave the company a buy rating in a report on Friday, November 18th. Barclays PLC set a €78.00 ($83.87) price target on shares of HeidelbergCement AG and gave the company a sell rating in a report on Wednesday, November 16th. Finally, DZ Bank AG reissued a buy rating on shares of HeidelbergCement AG in a report on Friday, January 20th. Six research analysts have rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of €91.00 ($97.85).
Shares of HeidelbergCement AG (ETR:HEI) opened at 89.53 on Thursday. The company’s 50 day moving average is €88.73 and its 200-day moving average is €86.18. HeidelbergCement AG has a 12 month low of €65.23 and a 12 month high of €94.42. The company has a market cap of €17.76 billion and a P/E ratio of 22.49.
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About HeidelbergCement AG
Heidelbergcement AG is a Germany-based building materials company. Its products are used for the construction of houses, infrastructure and commercial and industrial facilities. The Company operates through for segments: Cements, Aggregates, Ready-Mixed Concrete-Asphalt and Service- Joint Ventures – Other.
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