Deutsche Bank AG set a €104.60 ($123.06) price objective on HeidelbergCement AG (ETR:HEI) in a research note published on Monday morning. The brokerage currently has a buy rating on the basic materials company’s stock.

Several other research firms have also recently weighed in on HEI. Berenberg Bank set a €99.00 ($116.47) price target on HeidelbergCement AG and gave the company a buy rating in a report on Wednesday, October 18th. UBS AG set a €86.50 ($101.76) price target on HeidelbergCement AG and gave the company a neutral rating in a report on Friday, August 11th. DZ Bank AG reissued a buy rating on shares of HeidelbergCement AG in a report on Tuesday, August 1st. Nord/LB set a €85.00 ($100.00) price target on HeidelbergCement AG and gave the company a neutral rating in a report on Wednesday, August 2nd. Finally, Barclays PLC set a €94.00 ($110.59) price target on HeidelbergCement AG and gave the company a buy rating in a report on Thursday, September 7th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company. The company presently has an average rating of Buy and an average target price of €95.85 ($112.76).

HeidelbergCement AG (ETR HEI) opened at €92.38 ($108.68) on Monday. HeidelbergCement AG has a 52-week low of €76.94 ($90.52) and a 52-week high of €93.75 ($110.29).

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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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