UBS Group Analysts Give HeidelbergCement (ETR:HEI) a €73.00 Price Target

UBS Group set a €73.00 ($84.88) price objective on HeidelbergCement (ETR:HEI) in a research note released on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the basic materials company’s stock.

Several other analysts have also recently weighed in on HEI. 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. Sanford C. Bernstein set a €94.00 ($109.30) price target on shares of HeidelbergCement and gave the company a buy rating in a research note on Friday, June 7th. DZ Bank reissued a buy rating on shares of HeidelbergCement in a research note on Tuesday, July 30th. 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. Finally, JPMorgan Chase & Co. set a €76.00 ($88.37) price target on shares of HeidelbergCement and gave the company a buy rating in a research note on Tuesday, August 6th. Nine investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average target price of €75.83 ($88.18).

HeidelbergCement stock opened at €59.68 ($69.40) on Tuesday. The firm has a 50 day simple moving average of €66.24 and a 200-day simple moving average of €66.84. HeidelbergCement has a 1-year low of €51.84 ($60.28) and a 1-year high of €73.52 ($85.49). The company has a debt-to-equity ratio of 72.79, a current ratio of 0.94 and a quick ratio of 0.64. The stock has a market cap of $11.84 billion and a price-to-earnings ratio of 12.08.



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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