Sanford C. Bernstein set a €97.75 ($116.37) price target on HeidelbergCement AG (ETR:HEI) in a research report released on Wednesday morning. The brokerage currently has a buy rating on the basic materials company’s stock.

Other research analysts have also issued research reports about the stock. UBS AG set a €90.00 ($107.14) price objective on shares of HeidelbergCement AG and gave the company a neutral rating in a research note on Monday, May 29th. HSBC Holdings plc set a €120.00 ($142.86) price objective on shares of HeidelbergCement AG and gave the company a buy rating in a research note on Wednesday, June 21st. BNP Paribas set a €107.00 ($127.38) price objective on shares of HeidelbergCement AG and gave the company a buy rating in a research note on Monday, May 29th. Deutsche Bank AG set a €98.00 ($116.67) price objective on shares of HeidelbergCement AG and gave the company a buy rating in a research note on Wednesday, August 2nd. Finally, Citigroup Inc. set a €95.00 ($113.10) price objective on shares of HeidelbergCement AG and gave the company a neutral rating in a research note on Friday, August 11th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have issued a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of €93.15 ($110.90).

Shares of HeidelbergCement AG (HEI) traded up 1.676% during mid-day trading on Wednesday, hitting €85.253. 976 shares of the stock traded hands. HeidelbergCement AG has a 52 week low of €76.95 and a 52 week high of €94.42. The company has a market cap of €16.95 billion and a price-to-earnings ratio of 22.614. The stock has a 50-day moving average of €81.33 and a 200-day moving average of €84.99.

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About HeidelbergCement AG

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.

Analyst Recommendations for HeidelbergCement AG (ETR:HEI)

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