Brokerages Set HEIDELBERGCEMEN/ADR (OTCMKTS:HDELY) PT at $17.00

HEIDELBERGCEMEN/ADR (OTCMKTS:HDELY) has been assigned a consensus recommendation of “Hold” from the eight research firms that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $17.00.

A number of equities analysts have issued reports on HDELY shares. Barclays restated an “underweight” rating and set a GBX 600 ($7.84) target price on shares of in a report on Monday, July 8th. ValuEngine cut Zosano Pharma from a “buy” rating to a “hold” rating in a report on Wednesday, May 1st. Berenberg Bank restated a “sell” rating and set a GBX 65 ($0.85) target price on shares of AA in a report on Thursday, April 4th. Societe Generale restated a “sell” rating on shares of HEIDELBERGCEMEN/ADR in a report on Monday, May 20th. Finally, Zacks Investment Research cut Horiba from a “hold” rating to a “sell” rating in a report on Wednesday, May 22nd.

HDELY traded up $0.15 during midday trading on Tuesday, reaching $15.26. 21,061 shares of the company were exchanged, compared to its average volume of 24,307. The company has a quick ratio of 0.87, a current ratio of 1.20 and a debt-to-equity ratio of 0.56. HEIDELBERGCEMEN/ADR has a one year low of $11.75 and a one year high of $17.03. The firm has a market cap of $14.87 billion, a PE ratio of 11.06 and a beta of 1.18. The company’s 50-day simple moving average is $15.46.

About HEIDELBERGCEMEN/ADR

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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Analyst Recommendations for HEIDELBERGCEMEN/ADR (OTCMKTS:HDELY)

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