HeidelbergCement AG (ETR:HEI) has been assigned a consensus recommendation of “Buy” from the twenty-two brokerages that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and fourteen have given a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is €88.95 ($103.43).

A number of equities research analysts have recently weighed in on the stock. Independent Research set a €89.00 ($103.49) price objective on shares of HeidelbergCement and gave the stock a “neutral” rating in a report on Wednesday, June 13th. Sanford C. Bernstein set a €106.00 ($123.26) price objective on shares of HeidelbergCement and gave the stock a “buy” rating in a report on Monday, July 2nd. Commerzbank set a €97.00 ($112.79) price objective on shares of HeidelbergCement and gave the stock a “buy” rating in a report on Monday, July 23rd. UBS Group set a €86.00 ($100.00) price objective on shares of HeidelbergCement and gave the stock a “buy” rating in a report on Thursday, July 12th. Finally, Societe Generale set a €78.00 ($90.70) price objective on shares of HeidelbergCement and gave the stock a “neutral” rating in a report on Monday, July 23rd.

Shares of HEI opened at €65.76 ($76.47) on Friday. HeidelbergCement has a fifty-two week low of €76.94 ($89.47) and a fifty-two week high of €96.00 ($111.63).

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.

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Analyst Recommendations for HeidelbergCement (ETR:HEI)

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