HeidelbergCement AG (HEI) PT Set at €87.00 by Societe Generale

HeidelbergCement AG (ETR:HEI) received a €87.00 ($97.75) price objective from Societe Generale in a research report issued to clients and investors on Friday, May 12th. The firm currently has a “neutral” rating on the basic materials company’s stock.

Other equities research analysts have also issued reports about the company. Barclays PLC set a €80.00 ($89.89) target price on HeidelbergCement AG and gave the stock a “sell” rating in a report on Tuesday, April 18th. Citigroup Inc. set a €95.00 ($106.74) price target on HeidelbergCement AG and gave the stock a “neutral” rating in a report on Thursday, May 11th. J P Morgan Chase & Co set a €86.00 ($96.63) price target on HeidelbergCement AG and gave the stock a “neutral” rating in a report on Thursday, May 11th. Deutsche Bank AG set a €89.00 ($100.00) price target on HeidelbergCement AG and gave the stock a “neutral” rating in a report on Thursday, May 11th. Finally, Sanford C. Bernstein set a €100.00 ($112.36) price target on HeidelbergCement AG and gave the stock a “buy” rating in a report on Tuesday, April 18th. Four analysts have rated the stock with a sell rating, eight have given a hold rating and ten have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of €93.64 ($105.21).

Analyst Recommendations for HeidelbergCement AG (ETR:HEI)

Shares of HeidelbergCement AG (ETR:HEI) traded up 0.934% during mid-day trading on Friday, reaching €86.036. 713 shares of the company’s stock traded hands. The company has a market capitalization of €17.07 billion and a P/E ratio of 23.780. The firm has a 50-day moving average price of €84.88 and a 200-day moving average price of €86.82. HeidelbergCement AG has a 1-year low of €65.23 and a 1-year high of €94.42.

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About HeidelbergCement AG

Heidelbergcement AG is a Germany-based building materials company. Its products are used for the construction of houses, infrastructure and commercial and industrial facilities. The Company operates through for segments: Cements, Aggregates, Ready-Mixed Concrete-Asphalt and Service- Joint Ventures – Other.

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