HeidelbergCement (HEI) Given a €77.00 Price Target by Barclays Analysts
Barclays set a €77.00 ($89.53) target price on HeidelbergCement (ETR:HEI) in a research report released on Thursday morning. The brokerage currently has a buy rating on the basic materials company’s stock.
Other analysts have also recently issued reports about the stock. UBS Group set a €77.00 ($89.53) price target on shares of HeidelbergCement and gave the company a buy rating in a research note on Tuesday, January 15th. Independent Research set a €71.00 ($82.56) price target on shares of HeidelbergCement and gave the company a neutral rating in a research note on Tuesday, February 19th. JPMorgan Chase & Co. set a €73.00 ($84.88) price target on shares of HeidelbergCement and gave the company a buy rating in a research note on Tuesday, February 19th. Kepler Capital Markets set a €80.00 ($93.02) price target on shares of HeidelbergCement and gave the company a buy rating in a research note on Tuesday, February 19th. Finally, Deutsche Bank set a €72.00 ($83.72) price target on shares of HeidelbergCement and gave the company a neutral rating in a research note on Friday, February 22nd. Eight analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The company has a consensus rating of Buy and an average target price of €74.94 ($87.14).
Shares of HeidelbergCement stock opened at €64.16 ($74.60) on Thursday. The company has a current ratio of 1.24, a quick ratio of 0.89 and a debt-to-equity ratio of 69.17. The stock has a market cap of $12.72 billion and a price-to-earnings ratio of 11.97. HeidelbergCement has a 1-year low of €51.84 ($60.28) and a 1-year high of €85.26 ($99.14).
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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