HeidelbergCement AG (HEI) PT Set at €103.00 by Sanford C. Bernstein

HeidelbergCement AG (HEI) PT Set at €103.00 by Sanford C. Bernstein

HeidelbergCement AG (ETR:HEI) has been given a €103.00 ($110.75) target price by stock analysts at Sanford C. Bernstein in a note issued to investors on Thursday. The firm presently has a “buy” rating on the stock.

A number of other equities analysts have also recently issued reports on HEI. DZ Bank AG restated a “buy” rating on shares of HeidelbergCement AG in a report on Thursday, September 29th. Commerzbank Ag set a €90.00 ($96.77) target price on HeidelbergCement AG and gave the stock a “buy” rating in a report on Tuesday, October 4th. HSBC Holdings plc set a €90.00 ($96.77) target price on HeidelbergCement AG and gave the stock a “buy” rating in a report on Wednesday, October 5th. Deutsche Bank AG set a €86.00 ($92.47) target price on HeidelbergCement AG and gave the stock a “neutral” rating in a report on Monday, October 10th. Finally, Berenberg Bank set a €86.00 ($92.47) target price on HeidelbergCement AG and gave the stock a “neutral” rating in a report on Tuesday, October 18th. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the stock. HeidelbergCement AG currently has an average rating of “Hold” and a consensus price target of €86.90 ($93.44).

Shares of HeidelbergCement AG (ETR:HEI) opened at 90.80 on Thursday. The company has a market cap of €18.02 billion and a PE ratio of 22.81. HeidelbergCement AG has a 52 week low of €58.70 and a 52 week high of €94.42. The company has a 50 day moving average price of €87.43 and a 200 day moving average price of €82.95.

About HeidelbergCement AG

Heidelbergcement AG is a Germany-based building materials company. Its products are used for the construction of houses, infrastructure and commercial and industrial facilities. The Company operates through for segments: Cements, Aggregates, Ready-Mixed Concrete-Asphalt and Service- Joint Ventures – Other.

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