HeidelbergCement (ETR:HEI) has been assigned a €83.00 ($102.47) price target by analysts at Cfra in a research report issued on Friday. The firm currently has a “neutral” rating on the basic materials company’s stock. Cfra’s target price suggests a potential upside of 6.22% from the stock’s previous close.

A number of other equities analysts have also issued reports on HEI. Nord/LB set a €85.00 ($104.94) price target on HeidelbergCement and gave the company a “neutral” rating in a research note on Thursday, November 23rd. UBS set a €86.50 ($106.79) price target on HeidelbergCement and gave the company a “neutral” rating in a research note on Tuesday, November 28th. DZ Bank reaffirmed a “buy” rating on shares of HeidelbergCement in a research note on Wednesday, December 13th. JPMorgan Chase & Co. set a €84.00 ($103.70) price target on HeidelbergCement and gave the company a “sell” rating in a research note on Wednesday, December 13th. Finally, Berenberg Bank set a €102.00 ($125.93) price target on HeidelbergCement and gave the company a “buy” rating in a research note on Tuesday, December 19th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of €95.40 ($117.78).

HeidelbergCement (HEI) opened at €78.14 ($96.47) on Friday. The stock has a market capitalization of $16,250.00 and a price-to-earnings ratio of 16.95. HeidelbergCement has a one year low of €76.94 ($94.99) and a one year high of €96.00 ($118.52).

ILLEGAL ACTIVITY NOTICE: “HeidelbergCement (HEI) PT Set at €83.00 by Cfra” was originally published by Watch List News and is owned by of Watch List News. If you are reading this story on another publication, it was illegally stolen and republished in violation of US & international trademark and copyright law. The legal version of this story can be read at https://www.watchlistnews.com/heidelbergcement-hei-pt-set-at-83-00-by-cfra/1959413.html.

About HeidelbergCement

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.

Analyst Recommendations for HeidelbergCement (ETR:HEI)

Receive News & Ratings for HeidelbergCement Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HeidelbergCement and related companies with MarketBeat.com's FREE daily email newsletter.