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

HeidelbergCement (ETR:HEI) has been given a €76.00 ($88.37) target price by stock analysts at JPMorgan Chase & Co. in a research note issued on Thursday, April 18th, Borsen Zeitung reports. The firm presently has a “buy” rating on the basic materials company’s stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 10.79% from the stock’s current price.

HEI has been the subject of several other reports. Barclays set a €77.00 ($89.53) target price on shares of HeidelbergCement and gave the stock a “buy” rating in a report on Thursday, March 21st. Deutsche Bank set a €73.00 ($84.88) price target on shares of HeidelbergCement and gave the stock a “neutral” rating in a report on Monday, April 8th. Credit Suisse Group set a €74.00 ($86.05) price target on shares of HeidelbergCement and gave the stock a “neutral” rating in a report on Friday, March 22nd. Kepler Capital Markets set a €80.00 ($93.02) price target on shares of HeidelbergCement and gave the stock a “buy” rating in a report on Tuesday, February 5th. Finally, HSBC set a €74.00 ($86.05) price target on shares of HeidelbergCement and gave the stock a “buy” rating in a report on Monday, February 4th. Eight research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of €76.33 ($88.76).

Shares of HEI traded up €0.98 ($1.14) during midday trading on Thursday, hitting €68.60 ($79.77). The stock had a trading volume of 1,372,883 shares, compared to its average volume of 712,290. HeidelbergCement has a fifty-two week low of €51.84 ($60.28) and a fifty-two week high of €81.70 ($95.00). The stock has a market cap of $13.60 billion and a price-to-earnings ratio of 11.91. The company has a debt-to-equity ratio of 65.28, a current ratio of 1.20 and a quick ratio of 0.84.

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.

Featured Article: Calculate Your Return on Investment (ROI)

Analyst Recommendations for HeidelbergCement (ETR:HEI)

Receive News & Ratings for HeidelbergCement Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HeidelbergCement and related companies with MarketBeat.com's FREE daily email newsletter.