HeidelbergCement (ETR:HEI) received a €83.00 ($96.51) target price from research analysts at Goldman Sachs Group in a report released on Friday, Borsen Zeitung reports. The firm presently has a “buy” rating on the basic materials company’s stock. Goldman Sachs Group’s price target would suggest a potential upside of 17.86% from the company’s current price.
Several other equities analysts have also recently commented on HEI. Barclays set a €77.00 ($89.53) target price on shares of HeidelbergCement and gave the stock a “buy” rating in a research report on Thursday, May 9th. DZ Bank reissued a “buy” rating on shares of HeidelbergCement in a research report on Wednesday. Credit Suisse Group set a €74.00 ($86.05) target price on shares of HeidelbergCement and gave the stock a “neutral” rating in a research report on Tuesday, May 14th. UBS Group set a €75.00 ($87.21) target price on shares of HeidelbergCement and gave the stock a “buy” rating in a research report on Wednesday. Finally, Nord/LB set a €62.00 ($72.09) target price on shares of HeidelbergCement and gave the stock a “neutral” rating in a research report on Monday, April 1st. Eight investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of €76.50 ($88.95).
HeidelbergCement stock opened at €70.42 ($81.88) on Friday. HeidelbergCement has a 52 week low of €51.84 ($60.28) and a 52 week high of €81.70 ($95.00). The company has a current ratio of 1.20, a quick ratio of 0.84 and a debt-to-equity ratio of 65.28. The company has a market cap of $13.96 billion and a price-to-earnings ratio of 12.22.
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: Benefits of owning preferred stock
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.