Heidelberg Materials (OTCMKTS:HDLMY – Get Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $38.66, but opened at $36.79. Heidelberg Materials shares last traded at $36.43, with a volume of 720 shares.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised Heidelberg Materials from a “strong sell” rating to a “hold” rating in a research report on Monday, August 31st. Two research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy”.
Read Our Latest Stock Analysis on Heidelberg Materials
Heidelberg Materials Stock Performance
About Heidelberg Materials
Heidelberg Materials AG is a Germany-based global building materials company that produces and distributes cement, aggregates, ready-mixed concrete and asphalt. Its products are used in residential, commercial and infrastructure construction, including roads, bridges, buildings and other large-scale projects.
The company also provides construction-related products and services, including specialized cement and concrete solutions, recycled construction materials and other lower-carbon offerings.
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