HeidelbergCement AG (ETR:HEI) has been given a €95.00 ($111.76) target price by investment analysts at Citigroup Inc. in a research report issued to clients and investors on Friday. The firm currently has a “neutral” rating on the basic materials company’s stock.

Several other equities analysts have also issued reports on the stock. J P Morgan Chase & Co set a €86.00 ($101.18) price target on shares of HeidelbergCement AG and gave the stock a “neutral” rating in a report on Monday. Societe Generale set a €83.00 ($97.65) price target on shares of HeidelbergCement AG and gave the stock a “neutral” rating in a report on Monday. HSBC Holdings plc set a €107.00 ($125.88) price target on shares of HeidelbergCement AG and gave the stock a “buy” rating in a report on Thursday, August 3rd. Kepler Capital Markets set a €85.00 ($100.00) price target on shares of HeidelbergCement AG and gave the stock a “neutral” rating in a report on Wednesday, August 2nd. Finally, Nord/LB set a €85.00 ($100.00) price target on shares of HeidelbergCement AG and gave the stock a “neutral” rating in a report on Wednesday, August 2nd. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have assigned a buy rating to the company. HeidelbergCement AG has a consensus rating of “Hold” and a consensus target price of €93.38 ($109.86).

Shares of HeidelbergCement AG (HEI) opened at 78.727 on Friday. The stock has a market capitalization of €15.65 billion and a P/E ratio of 20.882. The firm’s 50-day moving average price is €85.12 and its 200 day moving average price is €86.47. HeidelbergCement AG has a 52 week low of €77.50 and a 52 week high of €94.42.

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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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