UBS Group Analysts Give HeidelbergCement (ETR:HEI) a €75.00 Price Target

UBS Group set a €75.00 ($87.21) price objective on HeidelbergCement (ETR:HEI) in a research note issued to investors on Wednesday, March 27th, Borsen Zeitung reports. The firm currently has a buy rating on the basic materials company’s stock.

HEI has been the topic of a number of other reports. Barclays set a €73.00 ($84.88) price objective on shares of HeidelbergCement and gave the company a buy rating in a research note on Wednesday, November 28th. JPMorgan Chase & Co. set a €73.00 ($84.88) target price on shares of HeidelbergCement and gave the company a buy rating in a research note on Wednesday, December 5th. Sanford C. Bernstein set a €90.00 ($104.65) target price on shares of HeidelbergCement and gave the company a buy rating in a research note on Friday, February 15th. Kepler Capital Markets set a €80.00 ($93.02) target price on shares of HeidelbergCement and gave the company a buy rating in a research note on Monday, February 11th. Finally, HSBC set a €74.00 ($86.05) price objective on shares of HeidelbergCement and gave the company a buy rating in a research note on Monday, February 4th. Eight analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. HeidelbergCement has a consensus rating of Buy and a consensus target price of €76.11 ($88.50).

ETR:HEI traded up €0.38 ($0.44) during trading hours on Wednesday, reaching €72.90 ($84.77). The company’s stock had a trading volume of 885,343 shares, compared to its average volume of 712,290. The company has a market capitalization of $14.46 billion and a price-to-earnings ratio of 12.65. HeidelbergCement has a 12 month low of €51.84 ($60.28) and a 12 month high of €85.26 ($99.14). The company has a quick ratio of 0.84, a current ratio of 1.20 and a debt-to-equity ratio of 65.28.

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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