HeidelbergCement (HEI) Given a €74.00 Price Target at JPMorgan Chase & Co.

HeidelbergCement (ETR:HEI) received a €74.00 ($86.05) price objective from JPMorgan Chase & Co. in a research report issued on Thursday. The brokerage presently has a “neutral” rating on the basic materials company’s stock. JPMorgan Chase & Co.’s price target would indicate a potential upside of 23.13% from the stock’s previous close.

Several other brokerages also recently commented on HEI. Morgan Stanley set a €85.00 ($98.84) target price on shares of HeidelbergCement and gave the stock a “neutral” rating in a report on Friday, November 2nd. Commerzbank set a €59.00 ($68.60) target price on shares of HeidelbergCement and gave the stock a “neutral” rating in a report on Monday, October 29th. Societe Generale set a €62.00 ($72.09) target price on shares of HeidelbergCement and gave the stock a “neutral” rating in a report on Tuesday, October 23rd. Deutsche Bank set a €75.00 ($87.21) target price on shares of HeidelbergCement and gave the stock a “buy” rating in a report on Monday, October 22nd. Finally, UBS Group set a €77.00 ($89.53) target price on shares of HeidelbergCement and gave the stock a “buy” rating in a report on Monday, October 22nd. Eight analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. HeidelbergCement has an average rating of “Buy” and a consensus target price of €80.00 ($93.02).

Shares of HEI opened at €60.10 ($69.88) on Thursday. HeidelbergCement has a one year low of €76.94 ($89.47) and a one year high of €96.00 ($111.63).

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.

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Analyst Recommendations for HeidelbergCement (ETR:HEI)

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