HeidelbergCement AG (HEI.F) (ETR:HEI) has been given a €75.00 ($88.24) price objective by analysts at Berenberg Bank in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. The firm currently has a “buy” rating on the basic materials company’s stock. Berenberg Bank’s price objective points to a potential upside of 11.05% from the stock’s current price.
Several other equities analysts have also issued reports on HEI. Nord/LB set a €56.00 ($65.88) target price on HeidelbergCement AG (HEI.F) and gave the stock a “neutral” rating in a research report on Wednesday, November 18th. Barclays set a €64.00 ($75.29) target price on HeidelbergCement AG (HEI.F) and gave the stock a “neutral” rating in a research report on Thursday, November 5th. Independent Research set a €74.00 ($87.06) target price on HeidelbergCement AG (HEI.F) and gave the stock a “buy” rating in a research report on Friday, January 8th. DZ Bank restated a “buy” rating on shares of HeidelbergCement AG (HEI.F) in a research report on Friday, November 6th. Finally, Jefferies Financial Group set a €78.00 ($91.76) price objective on HeidelbergCement AG (HEI.F) and gave the company a “buy” rating in a report on Monday, January 4th. One research analyst has rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of €65.68 ($77.27).
HeidelbergCement AG (HEI.F) stock opened at €67.54 ($79.46) on Thursday. The firm has a market capitalization of $13.40 billion and a P/E ratio of -5.94. HeidelbergCement AG has a 1 year low of €29.00 ($34.12) and a 1 year high of €69.44 ($81.69). The business has a 50-day moving average of €61.74 and a 200-day moving average of €54.91. The company has a current ratio of 1.17, a quick ratio of 0.80 and a debt-to-equity ratio of 79.11.
HeidelbergCement AG produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. The company provides cement products, including special cements with targeted characteristics, special geotechnical building materials, and a range of binders. It also offers 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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