HeidelbergCement (ETR:HEI) PT Set at €74.00 by UBS Group
UBS Group set a €74.00 ($86.05) price target on HeidelbergCement (ETR:HEI) in a research note published on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the basic materials company’s stock.
Other research analysts have also issued reports about the company. JPMorgan Chase & Co. set a €71.00 ($82.56) price objective on HeidelbergCement and gave the stock a neutral rating in a research report on Friday, January 17th. Independent Research set a €73.00 ($84.88) price objective on HeidelbergCement and gave the stock a neutral rating in a research report on Friday, November 8th. Morgan Stanley set a €67.00 ($77.91) price objective on HeidelbergCement and gave the stock a sell rating in a research report on Wednesday, January 8th. Kepler Capital Markets set a €73.00 ($84.88) price objective on HeidelbergCement and gave the stock a neutral rating in a research report on Thursday, November 7th. Finally, Nord/LB set a €65.00 ($75.58) price objective on HeidelbergCement and gave the stock a neutral rating in a research report on Thursday, November 21st. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the stock. HeidelbergCement has a consensus rating of Hold and an average target price of €75.47 ($87.75).
HeidelbergCement stock traded down €0.24 ($0.28) during mid-day trading on Thursday, hitting €63.56 ($73.91). The company’s stock had a trading volume of 480,899 shares, compared to its average volume of 712,290. The firm has a market capitalization of $12.61 billion and a PE ratio of 12.86. HeidelbergCement has a 1 year low of €58.20 ($67.67) and a 1 year high of €73.52 ($85.49). The company has a current ratio of 1.14, a quick ratio of 0.81 and a debt-to-equity ratio of 69.28. The stock’s fifty day moving average is €64.08 and its two-hundred day moving average is €64.75.
HeidelbergCement AG produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. The company offers cement products, including special cements with targeted characteristics, special geotechnical building materials, and a range of binders. It also provides natural stone aggregates, comprising sand and gravel; crushed aggregates, such as stone chippings and crushed stones; and concrete/ready-mixed concrete for the production of precast concrete parts consisting of stairs, ceiling elements, or structural components, as well as for use in the construction of tunnels or bridges, office buildings, or schools.
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