Independent Research GmbH set a €95.00 ($110.47) target price on HeidelbergCement AG (ETR:HEI) in a report issued on Thursday morning. The firm currently has a neutral rating on the basic materials company’s stock.

Several other equities analysts have also recently issued reports on HEI. Kepler Capital Markets set a €86.00 ($100.00) price target on shares of HeidelbergCement AG and gave the company a neutral rating in a research report on Thursday, July 13th. UBS AG set a €90.00 ($104.65) price objective on shares of HeidelbergCement AG and gave the stock a neutral rating in a research report on Thursday, July 13th. Berenberg Bank set a €99.00 ($115.12) price objective on shares of HeidelbergCement AG and gave the stock a buy rating in a research report on Thursday, July 13th. J P Morgan Chase & Co set a €91.00 ($105.81) price objective on shares of HeidelbergCement AG and gave the stock a neutral rating in a research report on Monday, July 17th. Finally, Commerzbank Ag set a €83.00 ($96.51) price objective on shares of HeidelbergCement AG and gave the stock a sell rating in a research report on Wednesday, July 19th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company. HeidelbergCement AG has a consensus rating of Hold and an average price target of €93.35 ($108.54).

HeidelbergCement AG (HEI) opened at €91.14 ($105.98) on Thursday. HeidelbergCement AG has a 12-month low of €76.95 ($89.48) and a 12-month high of €94.59 ($109.99).

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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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