Barclays set a €45.00 ($52.33) price target on HeidelbergCement (ETR:HEI) in a report issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a sell rating on the basic materials company’s stock.
A number of other equities analysts have also commented on HEI. DZ Bank reissued a buy rating on shares of HeidelbergCement in a research note on Friday, May 8th. HSBC set a €67.00 ($77.91) price target on HeidelbergCement and gave the company a buy rating in a research note on Monday, May 18th. Oddo Bhf set a €40.00 ($46.51) price objective on HeidelbergCement and gave the company a sell rating in a research note on Wednesday, April 8th. Nord/LB set a €65.00 ($75.58) price objective on HeidelbergCement and gave the company a neutral rating in a research note on Thursday, February 20th. Finally, Kepler Capital Markets set a €73.00 ($84.88) price objective on HeidelbergCement and gave the company a neutral rating in a research note on Thursday, May 7th. Four research analysts have rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of €64.27 ($74.73).
Shares of HeidelbergCement stock opened at €41.55 ($48.31) on Tuesday. The stock has a 50 day moving average of €41.27 and a 200 day moving average of €55.36. HeidelbergCement has a 12 month low of €29.00 ($33.72) and a 12 month high of €73.02 ($84.91). The firm has a market cap of $8.30 billion and a PE ratio of 7.56. The company has a current ratio of 1.13, a quick ratio of 0.77 and a debt-to-equity ratio of 65.00.
HeidelbergCement Company Profile
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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