Barclays set a €77.00 ($89.53) price target on HeidelbergCement (ETR:HEI) in a report published on Monday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the basic materials company’s stock.
A number of other research firms have also weighed in on HEI. DZ Bank reissued a buy rating on shares of HeidelbergCement in a research report on Wednesday, May 15th. Morgan Stanley reissued a buy rating on shares of GW Pharmaceuticals PLC- in a research report on Tuesday, April 9th. Independent Research set a €32.00 ($37.21) target price on shares of Bilfinger and gave the stock a neutral rating in a research note on Thursday, May 9th. Kepler Capital Markets set a €112.00 ($130.23) target price on shares of LEG Immobilien and gave the stock a buy rating in a research note on Thursday, May 9th. Finally, Deutsche Bank restated a hold rating on shares of AIB Group in a research note on Monday, April 8th. Nine equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock has an average rating of Buy and a consensus target price of €75.41 ($87.69).
HeidelbergCement stock opened at €66.96 ($77.86) on Monday. The company has a debt-to-equity ratio of 65.28, a current ratio of 1.20 and a quick ratio of 0.84. HeidelbergCement has a 52 week low of €51.84 ($60.28) and a 52 week high of €74.14 ($86.21). The firm has a market cap of $13.29 billion and a PE ratio of 11.62. The stock’s fifty day simple moving average is €68.85.
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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