HeidelbergCement (HEI) Given a €76.00 Price Target by JPMorgan Chase & Co. Analysts

HeidelbergCement (ETR:HEI) has been given a €76.00 ($88.37) target price by JPMorgan Chase & Co. in a report issued on Wednesday. The brokerage presently has a “buy” rating on the basic materials company’s stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 15.43% from the company’s previous close.

A number of other equities analysts also recently commented on the company. Credit Suisse Group set a €74.00 ($86.05) price objective on HeidelbergCement and gave the stock a “neutral” rating in a report on Monday, March 4th. Deutsche Bank set a €72.00 ($83.72) price objective on HeidelbergCement and gave the stock a “neutral” rating in a report on Friday, February 22nd. Barclays set a €77.00 ($89.53) price objective on HeidelbergCement and gave the stock a “buy” rating in a report on Wednesday, February 20th. DZ Bank restated a “buy” rating on shares of HeidelbergCement in a report on Tuesday, February 19th. Finally, UBS Group set a €74.00 ($86.05) price objective on HeidelbergCement and gave the stock a “buy” rating in a report on Tuesday, February 19th. Eight analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of €75.94 ($88.31).

HeidelbergCement stock opened at €65.84 ($76.56) on Wednesday. The stock has a market capitalization of $13.08 billion and a PE ratio of 12.28. The company has a current ratio of 1.24, a quick ratio of 0.89 and a debt-to-equity ratio of 69.17. HeidelbergCement has a 12 month low of €51.84 ($60.28) and a 12 month high of €85.26 ($99.14).



About HeidelbergCement

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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Analyst Recommendations for HeidelbergCement (ETR:HEI)

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