HeidelbergCement (ETR:HEI) PT Set at €98.00 by Citigroup

Citigroup set a €98.00 ($120.99) price target on HeidelbergCement (ETR:HEI) in a research report sent to investors on Friday, February 23rd. The brokerage currently has a buy rating on the basic materials company’s stock.

HEI has been the topic of several other reports. JPMorgan Chase & Co. set a €83.00 ($102.47) target price on HeidelbergCement and gave the company a sell rating in a research note on Wednesday, November 8th. Kepler Capital Markets set a €87.00 ($107.41) price objective on HeidelbergCement and gave the company a neutral rating in a research note on Wednesday, February 7th. S&P Global set a €80.00 ($98.77) price objective on HeidelbergCement and gave the company a sell rating in a research note on Wednesday, November 8th. Independent Research set a €97.00 ($119.75) price objective on HeidelbergCement and gave the company a neutral rating in a research note on Wednesday, January 3rd. Finally, Sanford C. Bernstein set a €105.00 ($129.63) price objective on HeidelbergCement and gave the company a buy rating in a research note on Monday, February 19th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the company’s stock. HeidelbergCement currently has an average rating of Buy and an average price target of €96.13 ($118.67).

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HeidelbergCement (ETR:HEI) traded down €0.40 ($0.49) during mid-day trading on Friday, reaching €81.66 ($100.81). The company’s stock had a trading volume of 699,608 shares, compared to its average volume of 712,290. HeidelbergCement has a twelve month low of €76.94 ($94.99) and a twelve month high of €96.00 ($118.52). The stock has a market capitalization of $16,250.00 and a PE ratio of 17.71.

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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)

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