HeidelbergCement (HEI) Given a €76.00 Price Target at JPMorgan Chase & Co.

HeidelbergCement (ETR:HEI) has been given a €76.00 ($88.37) target price by analysts at JPMorgan Chase & Co. in a report issued on Thursday, Borsen Zeitung reports. The firm currently has a “buy” rating on the basic materials company’s stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 8.23% from the company’s current price.

HEI has been the topic of a number of other reports. Barclays set a €77.00 ($89.53) price objective on HeidelbergCement and gave the company a “buy” rating in a research note on Thursday, March 21st. Deutsche Bank set a €73.00 ($84.88) price objective on HeidelbergCement and gave the company a “neutral” rating in a research note on Monday. Credit Suisse Group set a €74.00 ($86.05) price objective on HeidelbergCement and gave the company a “neutral” rating in a research note on Friday, March 22nd. Kepler Capital Markets set a €80.00 ($93.02) target price on shares of HeidelbergCement and gave the stock a “buy” rating in a report on Tuesday, February 5th. Finally, HSBC set a €74.00 ($86.05) target price on shares of HeidelbergCement and gave the stock a “buy” rating in a report on Monday, February 4th. Eight investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of €76.11 ($88.50).

HEI traded up €0.50 ($0.58) during trading on Thursday, reaching €70.22 ($81.65). The stock had a trading volume of 1,166,463 shares, compared to its average volume of 712,290. The stock has a market cap of $13.98 billion and a PE ratio of 12.19. The company has a quick ratio of 0.84, a current ratio of 1.20 and a debt-to-equity ratio of 65.28. HeidelbergCement has a one year low of €51.84 ($60.28) and a one year high of €85.26 ($99.14).

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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