HeidelbergCement AG (HEI) Given a €75.00 Price Target by Commerzbank AG Analysts

Commerzbank AG set a €75.00 ($78.95) price objective on HeidelbergCement AG (ETR:HEI) in a research note issued to investors on Tuesday morning. The firm currently has a sell rating on the stock.

HEI has been the subject of a number of other reports. Sanford C. Bernstein set a €103.00 ($108.42) price target on shares of HeidelbergCement AG and gave the stock a buy rating in a research note on Friday, January 6th. Bankhaus Lampe set a €106.00 ($111.58) price target on shares of HeidelbergCement AG and gave the stock a buy rating in a research note on Wednesday, September 21st. J P Morgan Chase & Co set a €83.00 ($87.37) price target on shares of HeidelbergCement AG and gave the stock a neutral rating in a research note on Tuesday, November 1st. HSBC set a €90.00 ($94.74) price target on shares of HeidelbergCement AG and gave the stock a buy rating in a research note on Wednesday, October 5th. Finally, BNP Paribas set a €88.50 ($93.16) price target on shares of HeidelbergCement AG and gave the stock a buy rating in a research note on Thursday, November 3rd. Five investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of €86.90 ($91.47).

HeidelbergCement AG (ETR:HEI) traded up 0.213% during mid-day trading on Tuesday, reaching €85.976. 430 shares of the company’s stock traded hands. HeidelbergCement AG has a 12-month low of €58.70 and a 12-month high of €94.42. The company has a market cap of €17.06 billion and a P/E ratio of 21.602. The stock has a 50 day moving average of €86.23 and a 200 day moving average of €81.13.

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HeidelbergCement AG Company Profile

Heidelbergcement AG is a Germany-based building materials company. Its products are used for the construction of houses, infrastructure and commercial and industrial facilities. The Company operates through for segments: Cements, Aggregates, Ready-Mixed Concrete-Asphalt and Service- Joint Ventures – Other.

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