HeidelbergCement AG (HDELY) Given Consensus Recommendation of “Buy” by Analysts
HeidelbergCement AG (OTC:HDELY) has been given an average rating of “Buy” by the six analysts that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company.
A number of equities research analysts have recently weighed in on HDELY shares. Citigroup Inc. upgraded HeidelbergCement AG from a “neutral” rating to a “buy” rating in a research report on Thursday, August 31st. Davy Research raised HeidelbergCement AG from a “neutral” rating to an “outperform” rating in a research note on Friday, June 16th. Jefferies Group LLC assumed coverage on HeidelbergCement AG in a report on Wednesday, September 27th. They issued a “buy” rating on the stock. Barclays PLC upgraded HeidelbergCement AG from an “equal weight” rating to an “overweight” rating in a report on Thursday, September 7th. Finally, Kepler Capital Markets upgraded HeidelbergCement AG from a “reduce” rating to a “hold” rating in a research report on Friday, June 9th.
Shares of HeidelbergCement AG (OTC:HDELY) traded down 1.90% during midday trading on Wednesday, reaching $20.17. The company had a trading volume of 130,643 shares. HeidelbergCement AG has a 12 month low of $17.52 and a 12 month high of $20.56. The company has a market capitalization of $20.05 billion, a P/E ratio of 22.26 and a beta of 1.26. The firm’s 50 day moving average price is $19.23 and its 200-day moving average price is $19.09.
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.
Receive News & Ratings for HeidelbergCement AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HeidelbergCement AG and related companies with Analyst Ratings Network's FREE daily email newsletter.