Heidelberg Materials (OTCMKTS:HDLMY) Reaches New 52-Week High – Should You Buy?

Heidelberg Materials (OTCMKTS:HDLMY)’s share price hit a new 52-week high on Wednesday . The company traded as high as $54.01 and last traded at $52.4580, with a volume of 3367 shares changing hands. The stock had previously closed at $52.36.

Analysts Set New Price Targets

A number of equities research analysts have commented on HDLMY shares. Barclays raised shares of Heidelberg Materials from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 17th. Royal Bank Of Canada lowered Heidelberg Materials from a “moderate buy” rating to a “hold” rating in a report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Heidelberg Materials presently has a consensus rating of “Buy”.

Heidelberg Materials Price Performance

Heidelberg Materials Company Profile

Heidelberg Materials (OTCMKTS: HDLMY) is a Germany‐based multinational building materials company with a core focus on cement production, aggregates, ready‐mixed concrete, asphalt, and other construction solutions. As one of the world’s leading cement producers, the company supplies essential raw and processed materials used in infrastructure, commercial, and residential construction projects. Its product portfolio also encompasses specialty cement, mineral additives, and tailored concrete technologies designed to meet diverse engineering and environmental requirements.

Operating in more than 50 countries across Europe, North America, Asia-Pacific, Latin America, the Middle East, and Africa, Heidelberg Materials maintains an extensive network of production facilities and distribution channels.