HeidelbergCement AG (ETR:HEI) received a €86.50 ($101.76) price objective from stock analysts at UBS AG in a research note issued on Friday, www.boersen-zeitung.de reports. The brokerage currently has a “neutral” rating on the basic materials company’s stock.

HEI has been the topic of several other research reports. J P Morgan Chase & Co set a €91.00 ($107.06) price target on HeidelbergCement AG and gave the stock a “neutral” rating in a report on Monday, July 17th. Deutsche Bank AG set a €99.00 ($116.47) price target on HeidelbergCement AG and gave the stock a “buy” rating in a report on Wednesday, July 19th. DZ Bank AG restated a “buy” rating on shares of HeidelbergCement AG in a report on Tuesday, August 1st. BNP Paribas set a €107.00 ($125.88) price target on HeidelbergCement AG and gave the stock a “buy” rating in a report on Saturday, May 20th. Finally, Citigroup Inc. set a €95.00 ($111.76) price target on HeidelbergCement AG and gave the stock a “neutral” rating in a report on Saturday, May 20th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of €93.21 ($109.66).

HeidelbergCement AG (ETR:HEI) traded up 0.759% during mid-day trading on Friday, reaching €79.161. The company’s stock had a trading volume of 846 shares. The stock has a market cap of €15.74 billion and a price-to-earnings ratio of 20.998. The firm’s 50 day moving average price is €85.12 and its 200 day moving average price is €86.47. HeidelbergCement AG has a 12-month low of €77.50 and a 12-month high of €94.42.

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About HeidelbergCement AG

Heidelbergcement AG is a Germany-based building materials company. Its products are used for the construction of houses, infrastructure and commercial and industrial facilities. The Company operates through for segments: Cements, Aggregates, Ready-Mixed Concrete-Asphalt and Service- Joint Ventures – Other.

Analyst Recommendations for HeidelbergCement AG (ETR:HEI)

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