JPMorgan Chase & Co. Set “€86.00” Target Price for HeidelbergCement AG (HEI)

JPMorgan Chase & Co. Set “€86.00” Target Price for HeidelbergCement AG (HEI)

HeidelbergCement AG (ETR:HEI) received a €86.00 ($96.63) price target from equities research analysts at JPMorgan Chase & Co. in a report issued on Monday. The firm presently has a “neutral” rating on the basic materials company’s stock.

HEI has been the topic of a number of other research reports. Sanford C. Bernstein set a €103.00 ($115.73) price target on shares of HeidelbergCement AG and gave the company a “buy” rating in a research report on Tuesday, February 21st. BNP Paribas set a €107.00 ($120.22) price target on shares of HeidelbergCement AG and gave the company a “buy” rating in a research report on Saturday, May 20th. Deutsche Bank AG set a €93.00 ($104.49) price target on shares of HeidelbergCement AG and gave the company a “neutral” rating in a research report on Monday, February 6th. Citigroup Inc set a €95.00 ($106.74) price target on shares of HeidelbergCement AG and gave the company a “neutral” rating in a research report on Saturday, May 20th. Finally, Independent Research GmbH set a €97.00 ($108.99) price target on shares of HeidelbergCement AG and gave the company a “neutral” rating in a research report on Saturday, May 20th. Five research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of €92.86 ($104.33).

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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