HeidelbergCement (HEI) Given a €105.00 Price Target by Sanford C. Bernstein Analysts
HeidelbergCement (ETR:HEI) has been given a €105.00 ($129.63) price target by equities research analysts at Sanford C. Bernstein in a research report issued on Thursday. The firm presently has a “buy” rating on the basic materials company’s stock. Sanford C. Bernstein’s price target would indicate a potential upside of 32.44% from the company’s previous close.
HEI has been the topic of several other reports. DZ Bank reaffirmed a “buy” rating on shares of HeidelbergCement in a report on Wednesday, December 13th. Barclays set a €100.00 ($123.46) price objective on shares of HeidelbergCement and gave the stock a “buy” rating in a report on Monday, January 29th. UBS set a €86.50 ($106.79) price objective on shares of HeidelbergCement and gave the stock a “neutral” rating in a report on Tuesday, November 28th. Nord/LB set a €85.00 ($104.94) price objective on shares of HeidelbergCement and gave the stock a “neutral” rating in a report on Thursday, February 22nd. Finally, JPMorgan Chase & Co. set a €84.00 ($103.70) price objective on shares of HeidelbergCement and gave the stock a “sell” rating in a report on Thursday, January 18th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of €96.13 ($118.67).
HeidelbergCement stock traded down €2.38 ($2.94) on Thursday, reaching €79.28 ($97.88). 749,044 shares of the company traded hands, compared to its average volume of 712,290. The firm has a market capitalization of $16,250.00 and a PE ratio of 17.20. HeidelbergCement has a 1 year low of €76.94 ($94.99) and a 1 year high of €96.00 ($118.52).
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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