JPMorgan Chase & Co. set a €73.00 ($84.88) price objective on HeidelbergCement (ETR:HEI) in a report released on Wednesday morning. The firm currently has a buy rating on the basic materials company’s stock.

Several other brokerages also recently weighed in on HEI. UBS Group set a €81.00 ($94.19) target price on shares of HeidelbergCement and gave the company a buy rating in a research note on Tuesday, October 16th. Kepler Capital Markets set a €88.00 ($102.33) target price on shares of HeidelbergCement and gave the company a buy rating in a research note on Thursday, October 11th. Deutsche Bank set a €95.00 ($110.47) target price on shares of HeidelbergCement and gave the company a buy rating in a research note on Monday, October 8th. Sanford C. Bernstein set a €99.00 ($115.12) target price on shares of HeidelbergCement and gave the company a buy rating in a research note on Wednesday, September 5th. Finally, Bank of America reissued a buy rating on shares of HeidelbergCement in a research note on Friday, August 31st. Eight investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus price target of €77.89 ($90.57).

HeidelbergCement stock opened at €55.50 ($64.53) on Wednesday. HeidelbergCement has a 52 week low of €76.94 ($89.47) and a 52 week high of €96.00 ($111.63).

About HeidelbergCement

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.

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Analyst Recommendations for HeidelbergCement (ETR:HEI)

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