HeidelbergCement (OTCMKTS:HDELY) was upgraded by equities research analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a research report issued on Wednesday, February 28th, The Fly reports.
Separately, Zacks Investment Research upgraded shares of HeidelbergCement from a “sell” rating to a “buy” rating and set a $24.00 price target on the stock in a research note on Wednesday, January 3rd. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. HeidelbergCement has a consensus rating of “Buy” and a consensus price target of $23.00.
HeidelbergCement stock traded down $0.16 during trading on Wednesday, hitting $19.29. 26,598 shares of the stock traded hands, compared to its average volume of 19,851. The firm has a market cap of $19,137.26, a price-to-earnings ratio of 14.61, a PEG ratio of 1.62 and a beta of 1.21. HeidelbergCement has a one year low of $17.97 and a one year high of $23.06. The company has a quick ratio of 0.80, a current ratio of 1.12 and a debt-to-equity ratio of 0.57.
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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