HeidelbergCement (HEI) Given a €62.00 Price Target at Societe Generale

Societe Generale set a €62.00 ($72.09) target price on HeidelbergCement (ETR:HEI) in a report released on Thursday morning. The firm currently has a neutral rating on the basic materials company’s stock.

A number of other brokerages have also recently weighed in on HEI. Morgan Stanley set a €85.00 ($98.84) price objective on shares of HeidelbergCement and gave the company a neutral rating in a report on Wednesday, October 17th. Cfra set a €78.00 ($90.70) price objective on shares of HeidelbergCement and gave the company a neutral rating in a report on Thursday, August 2nd. UBS Group set a €81.00 ($94.19) price objective on shares of HeidelbergCement and gave the company a buy rating in a report on Tuesday, October 16th. JPMorgan Chase & Co. set a €87.00 ($101.16) price objective on shares of HeidelbergCement and gave the company a neutral rating in a report on Thursday, July 26th. Finally, Citigroup set a €90.00 ($104.65) price objective on shares of HeidelbergCement and gave the company a buy rating in a report on Monday, July 16th. Eight research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. HeidelbergCement currently has a consensus rating of Buy and a consensus target price of €80.00 ($93.02).

Shares of HEI stock opened at €60.10 ($69.88) on Thursday. HeidelbergCement has a fifty-two week low of €76.94 ($89.47) and a fifty-two week high of €96.00 ($111.63).

HeidelbergCement Company Profile

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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Analyst Recommendations for HeidelbergCement (ETR:HEI)

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