Kepler Capital Markets set a €85.00 ($101.19) price target on HeidelbergCement AG (ETR:HEI) in a research note released on Wednesday. The brokerage currently has a buy rating on the basic materials company’s stock.

A number of other brokerages also recently commented on HEI. Deutsche Bank AG set a €99.00 ($117.86) price objective on shares of HeidelbergCement AG and gave the company a buy rating in a research report on Thursday, June 29th. Nord/LB set a €85.00 ($101.19) price objective on shares of HeidelbergCement AG and gave the company a neutral rating in a research report on Tuesday, June 27th. Sanford C. Bernstein set a €102.00 ($121.43) price objective on shares of HeidelbergCement AG and gave the company a buy rating in a research report on Friday, June 23rd. J P Morgan Chase & Co set a €91.00 ($108.33) price objective on shares of HeidelbergCement AG and gave the company a neutral rating in a research report on Wednesday, June 21st. Finally, 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 report on Wednesday, June 21st. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of €93.15 ($110.90).

HeidelbergCement AG (ETR HEI) opened at 85.239 on Wednesday. HeidelbergCement AG has a 1-year low of €76.95 and a 1-year high of €94.42. The stock has a market cap of €16.95 billion and a P/E ratio of 22.610. The firm’s 50-day moving average is €81.33 and its 200-day moving average is €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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