Goldman Sachs set a €101.00 ($124.69) target price on HeidelbergCement (ETR:HEI) in a research note issued to investors on Thursday. The firm currently has a buy rating on the basic materials company’s stock.
Several other research analysts have also recently commented on HEI. Commerzbank set a €107.00 ($132.10) target price on shares of HeidelbergCement and gave the stock a buy rating in a research report on Thursday. JPMorgan Chase & Co. set a €84.00 ($103.70) target price on shares of HeidelbergCement and gave the stock a neutral rating in a research report on Thursday. Barclays set a €100.00 ($123.46) target price on shares of HeidelbergCement and gave the stock a buy rating in a research report on Thursday, March 8th. Jefferies Group set a €96.00 ($118.52) target price on shares of HeidelbergCement and gave the stock a buy rating in a research report on Thursday. Finally, UBS set a €90.00 ($111.11) target price on shares of HeidelbergCement and gave the stock a neutral rating in a research report on Monday, January 22nd. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and twelve have assigned a buy rating to the stock. The stock has an average rating of Buy and a consensus price target of €95.12 ($117.43).
HeidelbergCement stock opened at €78.74 ($97.21) on Thursday. HeidelbergCement has a 1 year low of €76.94 ($94.99) and a 1 year high of €96.00 ($118.52). The company has a market cap of $16,250.00 and a PE ratio of 17.08.
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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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