Commerzbank Ag set a €81.00 ($96.43) price objective on HeidelbergCement AG (ETR:HEI) in a report published on Wednesday morning. The brokerage currently has a neutral rating on the basic materials company’s stock.

Other equities research analysts have also issued reports about the company. BNP Paribas set a €107.00 ($127.38) price objective on HeidelbergCement AG and gave the company a buy rating in a research note on Monday, May 29th. HSBC Holdings plc set a €120.00 ($142.86) price objective on HeidelbergCement AG and gave the company a buy rating in a research note on Wednesday, June 21st. Bank of America Corporation set a €102.00 ($121.43) price objective on HeidelbergCement AG and gave the company a buy rating in a research note on Monday, June 12th. Sanford C. Bernstein set a €102.00 ($121.43) price objective on HeidelbergCement AG and gave the company a buy rating in a research note on Friday, June 23rd. Finally, Deutsche Bank AG set a €99.00 ($117.86) price objective on HeidelbergCement AG and gave the company a buy rating in a research note on Thursday, June 29th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the company. HeidelbergCement AG presently has an average rating of Hold and a consensus target price of €93.15 ($110.90).

HeidelbergCement AG (HEI) opened at 85.239 on Wednesday. HeidelbergCement AG has a 52 week low of €76.95 and a 52 week high of €94.42. The firm has a 50-day moving average price of €81.33 and a 200-day moving average price of €84.99. The stock has a market capitalization of €16.95 billion and a PE ratio of 22.610.

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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.

Analyst Recommendations for HeidelbergCement AG (ETR:HEI)

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