HeidelbergCement AG (HEI) Given a €85.00 Price Target by Kepler Capital Markets Analysts

Kepler Capital Markets set a €85.00 ($100.00) price objective on HeidelbergCement AG (ETR:HEI) in a report released on Thursday morning. The firm currently has a buy rating on the basic materials company’s stock.

A number of other analysts also recently issued reports on the company. Nord/LB set a €85.00 ($100.00) price objective on HeidelbergCement AG and gave the stock a neutral rating in a research report on Tuesday, June 27th. Deutsche Bank AG set a €99.00 ($116.47) price objective on HeidelbergCement AG and gave the stock a buy rating in a research report on Thursday, June 29th. Barclays PLC set a €90.00 ($105.88) price objective on HeidelbergCement AG and gave the stock a neutral rating in a research report on Thursday, July 20th. J P Morgan Chase & Co set a €91.00 ($107.06) price objective on HeidelbergCement AG and gave the stock a neutral rating in a research report on Monday, July 10th. Finally, HSBC Holdings plc set a €120.00 ($141.18) price objective on HeidelbergCement AG and gave the stock a buy rating in a research report on Wednesday, June 21st. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of €93.01 ($109.43).

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About HeidelbergCement AG

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.

Analyst Recommendations for HeidelbergCement AG (ETR:HEI)

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