HeidelbergCement (ETR:HEI) Given a €65.00 Price Target at Berenberg Bank

Berenberg Bank set a €65.00 ($66.33) price objective on HeidelbergCement (ETR:HEIGet Rating) in a research report released on Thursday morning, Borsen Zeitung reports.

A number of other analysts have also recently commented on HEI. Credit Suisse Group set a €55.00 ($56.12) price target on HeidelbergCement in a research report on Wednesday, July 13th. Jefferies Financial Group set a €44.40 ($45.31) price target on HeidelbergCement in a research report on Wednesday, August 31st. Morgan Stanley set a €64.00 ($65.31) price target on HeidelbergCement in a research report on Wednesday, July 13th. Oddo Bhf set a €45.00 ($45.92) price target on HeidelbergCement in a research report on Wednesday, July 6th. Finally, JPMorgan Chase & Co. set a €47.00 ($47.96) price objective on shares of HeidelbergCement in a report on Tuesday, September 13th.

HeidelbergCement Stock Performance

HeidelbergCement stock opened at €41.89 ($42.74) on Thursday. The stock’s 50 day simple moving average is €47.65 and its two-hundred day simple moving average is €50.60. The company has a debt-to-equity ratio of 50.38, a quick ratio of 0.66 and a current ratio of 1.06. The stock has a market cap of $8.09 billion and a price-to-earnings ratio of 5.36. HeidelbergCement has a fifty-two week low of €41.70 ($42.55) and a fifty-two week high of €68.08 ($69.47).

About HeidelbergCement

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HeidelbergCement AG, together with its subsidiaries, produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. It provides cement products, natural stone aggregates, such as sand and gravel; crushed aggregates comprising stone chippings and crushed stones; and concrete/ready-mixed concrete for use in the construction of tunnels or bridges, office buildings, or schools, as well as to produce precast concrete parts consisting of stairs, ceiling elements, or structural components.

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