HeidelbergCement AG (ETR:HEI) has been assigned a €98.00 ($115.29) price target by equities researchers at Jefferies Group LLC in a report released on Tuesday. The firm presently has a “buy” rating on the basic materials company’s stock.
A number of other brokerages also recently commented on HEI. J P Morgan Chase & Co restated a “neutral” rating on shares of HeidelbergCement AG in a report on Tuesday, August 15th. S&P Global set a €80.00 ($94.12) target price on HeidelbergCement AG and gave the company a “sell” rating in a report on Wednesday, August 2nd. UBS AG set a €90.00 ($105.88) target price on HeidelbergCement AG and gave the company a “neutral” rating in a report on Tuesday, August 1st. Kepler Capital Markets set a €85.00 ($100.00) target price on HeidelbergCement AG and gave the company a “buy” rating in a report on Wednesday, August 30th. Finally, Commerzbank Ag set a €83.00 ($97.65) target price on HeidelbergCement AG and gave the company a “sell” rating in a report on Wednesday, July 19th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of €92.79 ($109.16).
Shares of HeidelbergCement AG (ETR:HEI) opened at 87.55 on Tuesday. The stock’s 50 day moving average is €84.92 and its 200 day moving average is €84.41. HeidelbergCement AG has a 12 month low of €76.95 and a 12 month high of €94.42. The firm has a market cap of €17.41 billion and a P/E ratio of 23.22.
COPYRIGHT VIOLATION WARNING: “HeidelbergCement AG (HEI) Given a €98.00 Price Target at Jefferies Group LLC” was originally published by Community Financial News and is the property of of Community Financial News. If you are viewing this piece on another publication, it was stolen and republished in violation of international copyright and trademark law. The original version of this piece can be viewed at https://www.com-unik.info/2017/10/31/heidelbergcement-ag-hei-given-a-98-00-price-target-at-jefferies-group-llc.html.
HeidelbergCement AG Company Profile
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.
What are top analysts saying about HeidelbergCement AG? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for HeidelbergCement AG and related companies.