HeidelbergCement (HEI) Given a €86.50 Price Target by UBS Analysts

HeidelbergCement (ETR:HEI) has been assigned a €86.50 ($101.76) price target by stock analysts at UBS in a report issued on Tuesday. The brokerage currently has a “neutral” rating on the basic materials company’s stock. UBS’s price target would indicate a potential downside of 3.23% from the company’s previous close.

Several other equities research analysts have also issued reports on HEI. J P Morgan Chase & Co set a €91.00 ($107.06) target price on HeidelbergCement and gave the company a “neutral” rating in a research report on Monday, July 31st. Sanford C. Bernstein set a €101.00 ($118.82) target price on HeidelbergCement and gave the company a “buy” rating in a research report on Monday, July 31st. Commerzbank set a €83.00 ($97.65) target price on HeidelbergCement and gave the company a “sell” rating in a research report on Tuesday, August 1st. DZ Bank reaffirmed a “buy” rating on shares of HeidelbergCement in a research report on Tuesday, August 1st. Finally, Independent Research set a €90.00 ($105.88) target price on HeidelbergCement and gave the company a “neutral” rating in a research report on Tuesday, August 1st. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the company’s stock. HeidelbergCement currently has an average rating of “Buy” and a consensus price target of €95.85 ($112.76).

Shares of HeidelbergCement (ETR:HEI) opened at €89.39 ($105.16) on Tuesday. HeidelbergCement has a 12-month low of €76.94 ($90.52) and a 12-month high of €93.80 ($110.35).

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HeidelbergCement 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.

Analyst Recommendations for HeidelbergCement (ETR:HEI)

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