HeidelbergCement (HEI) PT Set at €77.00 by Independent Research

Independent Research set a €77.00 ($89.53) price target on HeidelbergCement (ETR:HEI) in a research report report published on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the basic materials company’s stock.

A number of other brokerages have also issued reports on HEI. Sanford C. Bernstein set a €90.00 ($104.65) target price on shares of HeidelbergCement and gave the stock a buy rating in a research report on Friday, February 15th. HSBC set a €74.00 ($86.05) target price on shares of HeidelbergCement and gave the stock a buy rating in a research report on Monday, February 4th. Barclays set a €77.00 ($89.53) target price on shares of HeidelbergCement and gave the stock a buy rating in a research report on Thursday, March 21st. JPMorgan Chase & Co. set a €73.00 ($84.88) target price on shares of HeidelbergCement and gave the stock a buy rating in a research report on Monday, January 14th. Finally, Berenberg Bank set a €92.00 ($106.98) target price on shares of HeidelbergCement and gave the stock a buy rating in a research report on Thursday. Eight investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. HeidelbergCement presently has a consensus rating of Buy and an average target price of €76.33 ($88.76).

Shares of HEI stock opened at €68.28 ($79.40) on Thursday. HeidelbergCement has a 1 year low of €51.84 ($60.28) and a 1 year high of €81.70 ($95.00). The company has a market cap of $13.60 billion and a PE ratio of 11.85. The company has a current ratio of 1.20, a quick ratio of 0.84 and a debt-to-equity ratio of 65.28.

About HeidelbergCement

HeidelbergCement AG produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. The company offers cement products, including special cements with targeted characteristics, special geotechnical building materials, and a range of binders. It also provides natural stone aggregates, comprising sand and gravel; crushed aggregates, such as stone chippings and crushed stones; and concrete/ready-mixed concrete for the production of precast concrete parts consisting of stairs, ceiling elements, or structural components, as well as for use in the construction of tunnels or bridges, office buildings, or schools.

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Analyst Recommendations for HeidelbergCement (ETR:HEI)

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