HeidelbergCement AG (HEI) PT Set at €109.00 by Commerzbank Ag
HeidelbergCement AG (ETR:HEI) has been given a €109.00 ($128.24) price objective by research analysts at Commerzbank Ag in a research report issued to clients and investors on Tuesday. The brokerage presently has a “buy” rating on the basic materials company’s stock. Commerzbank Ag’s price target would indicate a potential upside of 20.71% from the company’s previous close.
Other analysts have also issued reports about the company. Deutsche Bank AG set a €98.00 ($115.29) price objective on HeidelbergCement AG and gave the company a “buy” rating in a research note on Wednesday, August 2nd. DZ Bank AG restated a “buy” rating on shares of HeidelbergCement AG in a research report on Tuesday, August 1st. Sanford C. Bernstein set a €101.00 ($118.82) price objective on HeidelbergCement AG and gave the stock a “buy” rating in a research report on Monday, July 31st. set a €107.00 ($125.88) price objective on HeidelbergCement AG and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Finally, Kepler Capital Markets set a €85.00 ($100.00) target price on HeidelbergCement AG and gave the stock a “buy” rating in a report on Wednesday, August 30th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of €95.85 ($112.76).
Shares of HeidelbergCement AG (HEI) opened at €90.30 ($106.24) on Tuesday. HeidelbergCement AG has a 1-year low of €76.94 ($90.52) and a 1-year high of €93.75 ($110.29).
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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.
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