HeidelbergCement AG (ETR:HEI) has been assigned a €86.00 ($101.18) price target by equities researchers at J P Morgan Chase & Co in a research note issued on Monday. The brokerage presently has a “neutral” rating on the basic materials company’s stock.

Several other brokerages have also weighed in on HEI. Societe Generale set a €87.00 ($102.35) price objective on HeidelbergCement AG and gave the stock a “neutral” rating in a research report on Friday, May 12th. Deutsche Bank AG set a €89.00 ($104.71) price objective on HeidelbergCement AG and gave the stock a “neutral” rating in a research report on Saturday, May 20th. UBS AG set a €88.00 ($103.53) price objective on HeidelbergCement AG and gave the stock a “neutral” rating in a research report on Wednesday, May 10th. Citigroup Inc. set a €95.00 ($111.76) price objective on HeidelbergCement AG and gave the stock a “neutral” rating in a research report on Thursday, May 11th. Finally, BNP Paribas set a €109.00 ($128.24) price objective on HeidelbergCement AG and gave the stock a “buy” rating in a research report on Tuesday, April 25th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of €93.38 ($109.86).

Shares of HeidelbergCement AG (ETR HEI) opened at 80.67 on Monday. The company has a market capitalization of €16.04 billion and a price-to-earnings ratio of 21.40. HeidelbergCement AG has a 52 week low of €75.70 and a 52 week high of €94.42. The company’s 50 day moving average price is €85.62 and its 200-day moving average price is €86.60.

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HeidelbergCement AG Company Profile

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.

Analyst Recommendations for HeidelbergCement AG (ETR:HEI)

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