Brokerages Set HeidelbergCement AG (HDELY) Target Price at $24.00

HeidelbergCement AG (OTCMKTS:HDELY) has received an average rating of “Hold” from the nine analysts that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and five have assigned a buy recommendation to the company.

Several research analysts recently issued reports on HDELY shares. Jefferies Group started coverage on shares of HeidelbergCement in a research report on Wednesday, September 27th. They issued a “buy” rating for the company. JPMorgan Chase & Co. lowered shares of HeidelbergCement from a “neutral” rating to an “underweight” rating in a research report on Wednesday, October 18th. Finally, Zacks Investment Research lowered shares of HeidelbergCement from a “hold” rating to a “sell” rating in a research report on Tuesday, November 28th.

HeidelbergCement (OTCMKTS:HDELY) traded up $0.04 during trading hours on Wednesday, reaching $23.04. 37,429 shares of the company traded hands, compared to its average volume of 10,031. HeidelbergCement has a 52-week low of $17.94 and a 52-week high of $23.06. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.12 and a quick ratio of 0.80. The firm has a market capitalization of $22,820.00, a price-to-earnings ratio of 20.54, a PEG ratio of 2.08 and a beta of 1.45.

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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.

Analyst Recommendations for HeidelbergCement (OTCMKTS:HDELY)

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