Shares of HeidelbergCement AG (ETR:HEI) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $66.88 and traded as high as $69.84. HeidelbergCement shares last traded at $69.78, with a volume of 1,189,222 shares.
HEI has been the subject of several recent analyst reports. Credit Suisse Group set a €74.00 ($86.05) price target on HeidelbergCement and gave the stock a “neutral” rating in a research note on Wednesday, July 31st. Sanford C. Bernstein set a €94.00 ($109.30) target price on HeidelbergCement and gave the company a “buy” rating in a research report on Friday, June 7th. Deutsche Bank set a €73.00 ($84.88) target price on HeidelbergCement and gave the company a “buy” rating in a research report on Thursday, September 5th. Nord/LB set a €64.00 ($74.42) target price on HeidelbergCement and gave the company a “neutral” rating in a research report on Wednesday, August 28th. Finally, Goldman Sachs Group set a €82.00 ($95.35) price target on HeidelbergCement and gave the company a “buy” rating in a report on Tuesday, July 30th. Eight analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of €75.61 ($87.92).
The company has a fifty day moving average of €63.15 and a two-hundred day moving average of €66.88. The company has a market cap of $13.85 billion and a PE ratio of 14.13. The company has a debt-to-equity ratio of 72.79, a quick ratio of 0.64 and a current ratio of 0.94.
HeidelbergCement Company Profile (ETR:HEI)
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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