Nord/LB set a €59.00 ($68.60) target price on HeidelbergCement (ETR:HEI) in a report issued on Wednesday. The brokerage currently has a neutral rating on the basic materials company’s stock.

Other equities analysts have also recently issued reports about the stock. Barclays set a €73.00 ($84.88) price objective on shares of HeidelbergCement and gave the stock a buy rating in a research report on Friday, October 19th. Societe Generale set a €62.00 ($72.09) price objective on shares of HeidelbergCement and gave the stock a neutral rating in a research report on Thursday, November 8th. Goldman Sachs Group set a €80.00 ($93.02) price objective on shares of HeidelbergCement and gave the stock a buy rating in a research report on Wednesday, November 14th. Sanford C. Bernstein set a €99.00 ($115.12) price objective on shares of HeidelbergCement and gave the stock a buy rating in a research report on Thursday, November 8th. Finally, JPMorgan Chase & Co. set a €73.00 ($84.88) price objective on shares of HeidelbergCement and gave the stock a buy rating in a research report on Wednesday. Eight equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of €77.89 ($90.57).

Shares of ETR HEI opened at €55.50 ($64.53) on Wednesday. HeidelbergCement has a 1 year low of €76.94 ($89.47) and a 1 year high of €96.00 ($111.63).

HeidelbergCement Company Profile

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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