DZ Bank AG Reaffirms Buy Rating for HeidelbergCement AG (ETR:HEI)

DZ Bank AG reissued their buy rating on shares of HeidelbergCement AG (ETR:HEI) in a report published on Tuesday, August 1st.

A number of other equities analysts have also recently weighed in on HEI. HSBC Holdings plc set a €117.00 ($137.65) price objective on shares of HeidelbergCement AG and gave the company a buy rating in a research report on Monday, April 3rd. Deutsche Bank AG set a €89.00 ($104.71) price target on shares of HeidelbergCement AG and gave the stock a neutral rating in a research report on Thursday, April 6th. Nord/LB set a €85.00 ($100.00) price target on shares of HeidelbergCement AG and gave the stock a neutral rating in a research report on Thursday, April 6th. Barclays PLC set a €78.00 ($91.76) target price on shares of HeidelbergCement AG and gave the stock a sell rating in a report on Monday, April 10th. Finally, Sanford C. Bernstein set a €100.00 ($117.65) target price on shares of HeidelbergCement AG and gave the stock a buy rating in a report on Tuesday, April 11th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of €93.21 ($109.66).

HeidelbergCement AG (ETR:HEI) traded up 1.198% during midday trading on Tuesday, reaching €79.506. The company had a trading volume of 871 shares. The firm has a 50-day moving average of €84.88 and a 200 day moving average of €86.42. HeidelbergCement AG has a 1-year low of €77.50 and a 1-year high of €94.42. The company has a market capitalization of €15.81 billion and a P/E ratio of 21.089.

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About HeidelbergCement AG

Heidelbergcement AG is a Germany-based building materials company. Its products are used for the construction of houses, infrastructure and commercial and industrial facilities. The Company operates through for segments: Cements, Aggregates, Ready-Mixed Concrete-Asphalt and Service- Joint Ventures – Other.

Analyst Recommendations for HeidelbergCement AG (ETR:HEI)

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