HSBC set a €76.00 ($86.36) target price on HeidelbergCement (ETR:HEI) in a report released on Friday morning. The firm currently has a neutral rating on the basic materials company’s stock.

Several other analysts have also recently weighed in on the stock. Nord/LB set a €75.00 ($85.23) price objective on shares of HeidelbergCement and gave the company a neutral rating in a research report on Tuesday, August 14th. JPMorgan Chase & Co. set a €86.00 ($97.73) price objective on shares of HeidelbergCement and gave the company a neutral rating in a research report on Friday, August 10th. Deutsche Bank set a €95.00 ($107.95) price objective on shares of HeidelbergCement and gave the company a buy rating in a research report on Friday, August 10th. UBS Group set a €86.00 ($97.73) price objective on shares of HeidelbergCement and gave the company a buy rating in a research report on Monday, August 6th. Finally, Cfra set a €78.00 ($88.64) price objective on shares of HeidelbergCement and gave the company a neutral rating in a research report on Thursday, August 2nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the company’s stock. HeidelbergCement has a consensus rating of Buy and a consensus target price of €89.55 ($101.76).

HeidelbergCement stock opened at €69.36 ($78.82) on Friday. HeidelbergCement has a fifty-two week low of €76.94 ($87.43) and a fifty-two week high of €96.00 ($109.09).

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.

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Analyst Recommendations for HeidelbergCement (ETR:HEI)

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