HeidelbergCement (ETR:HEI) Given a €73.00 Price Target by Deutsche Bank Analysts

HeidelbergCement (ETR:HEI) received a €73.00 ($84.88) price target from Deutsche Bank in a research note issued on Thursday, September 5th, Borsen Zeitung reports. The firm currently has a “buy” rating on the basic materials company’s stock. Deutsche Bank’s price objective indicates a potential upside of 5.28% from the stock’s previous close.

HEI has been the topic of several other reports. DZ Bank reissued a “buy” rating on shares of HeidelbergCement in a research note on Tuesday, July 30th. Independent Research set a €77.00 ($89.53) price target on shares of HeidelbergCement and gave the company a “neutral” rating in a research note on Thursday, May 9th. Goldman Sachs Group set a €82.00 ($95.35) price target on shares of HeidelbergCement and gave the company a “buy” rating in a research note on Tuesday, July 30th. Oddo Bhf set a €85.00 ($98.84) price objective on shares of HeidelbergCement and gave the company a “buy” rating in a report on Tuesday, July 30th. Finally, JPMorgan Chase & Co. set a €76.00 ($88.37) price objective on shares of HeidelbergCement and gave the company a “buy” rating in a report on Thursday, September 5th. Eight equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of €75.61 ($87.92).

ETR HEI opened at €69.34 ($80.63) on Thursday. The stock has a market cap of $13.85 billion and a P/E ratio of 14.04. The company’s 50-day simple moving average is €63.15 and its 200 day simple moving average is €66.88. HeidelbergCement has a twelve month low of €51.84 ($60.28) and a twelve month high of €73.52 ($85.49). The company has a quick ratio of 0.64, a current ratio of 0.94 and a debt-to-equity ratio of 72.79.

About HeidelbergCement

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 HeidelbergCement (ETR:HEI)

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