DZ Bank Reaffirms Buy Rating for HeidelbergCement (HEI)

DZ Bank reaffirmed their buy rating on shares of HeidelbergCement (ETR:HEI) in a research report released on Tuesday morning.

Other research analysts also recently issued reports about the company. Deutsche Bank set a €75.00 ($87.21) price objective on HeidelbergCement and gave the stock a buy rating in a research report on Monday, October 22nd. UBS Group set a €77.00 ($89.53) target price on shares of HeidelbergCement and gave the stock a buy rating in a research note on Monday, October 22nd. Kepler Capital Markets set a €84.00 ($97.67) target price on shares of HeidelbergCement and gave the stock a buy rating in a research note on Thursday, November 8th. Sanford C. Bernstein set a €99.00 ($115.12) target price on shares of HeidelbergCement and gave the stock a buy rating in a research note on Thursday, November 8th. Finally, Goldman Sachs Group set a €93.00 ($108.14) target price on shares of HeidelbergCement and gave the stock a buy rating in a research note on Thursday, November 8th. Seven investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company currently has an average rating of Buy and an average target price of €75.88 ($88.24).

Shares of HeidelbergCement stock opened at €64.82 ($75.37) on Tuesday. HeidelbergCement has a 1 year low of €76.94 ($89.47) and a 1 year high of €96.00 ($111.63).

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.

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Analyst Recommendations for HeidelbergCement (ETR:HEI)

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