Several other research analysts have also recently weighed in on HEI. JPMorgan Chase & Co. set a €86.00 ($100.00) target price on HeidelbergCement and gave the company a neutral rating in a research note on Friday, August 10th. UBS Group set a €86.00 ($100.00) price target on HeidelbergCement and gave the stock a buy rating in a research note on Monday, August 6th. Nord/LB set a €75.00 ($87.21) price objective on HeidelbergCement and gave the company a neutral rating in a research note on Tuesday, August 14th. HSBC set a €76.00 ($88.37) target price on HeidelbergCement and gave the company a neutral rating in a report on Friday, August 17th. Finally, Bank of America reissued a buy rating on shares of HeidelbergCement in a report on Friday, August 31st. Eight analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of €77.89 ($90.57).
HeidelbergCement stock opened at €54.82 ($63.74) on Monday. HeidelbergCement has a 52 week low of €76.94 ($89.47) and a 52 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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