Berenberg Bank started coverage on shares of HEIDELBERGCEMEN/ADR (OTCMKTS:HDELY) in a report published on Thursday, Briefing.com Automated Import reports. The firm issued a buy rating on the construction company’s stock.
Separately, Credit Suisse Group initiated coverage on shares of HEIDELBERGCEMEN/ADR in a research note on Tuesday, February 26th. They issued a neutral rating on the stock. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of Hold.
Shares of OTCMKTS:HDELY opened at $15.55 on Thursday. The firm has a market cap of $15.42 billion, a P/E ratio of 11.25 and a beta of 1.13. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.60. HEIDELBERGCEMEN/ADR has a 1-year low of $11.75 and a 1-year high of $20.29.
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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