HeidelbergCement (ETR:HEI) Given a €80.00 Price Target by Kepler Capital Markets Analysts

Kepler Capital Markets set a €80.00 ($93.02) target price on HeidelbergCement (ETR:HEI) in a report published on Tuesday, February 5th. The brokerage currently has a buy rating on the basic materials company’s stock.

A number of other analysts also recently issued reports on HEI. HSBC set a €74.00 ($86.05) price objective on shares of HeidelbergCement and gave the stock a buy rating in a report on Monday, February 4th. Morgan Stanley set a €85.00 ($98.84) price objective on shares of HeidelbergCement and gave the stock a neutral rating in a report on Wednesday, October 17th. JPMorgan Chase & Co. set a €73.00 ($84.88) price objective on shares of HeidelbergCement and gave the stock a buy rating in a report on Monday, January 14th. UBS Group set a €81.00 ($94.19) price objective on shares of HeidelbergCement and gave the stock a buy rating in a report on Tuesday, October 16th. Finally, Citigroup set a €80.00 ($93.02) price objective on shares of HeidelbergCement and gave the stock a buy rating in a report on Monday, November 12th. Eight investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of €75.78 ($88.11).

ETR:HEI traded up €0.50 ($0.58) during trading hours on Tuesday, hitting €65.14 ($75.74). The stock had a trading volume of 690,252 shares, compared to its average volume of 712,290. HeidelbergCement has a one year low of €76.94 ($89.47) and a one 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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