JPMorgan Chase & Co. Analysts Give HeidelbergCement (ETR:HEI) a €78.00 Price Target

JPMorgan Chase & Co. set a €78.00 ($90.70) price target on HeidelbergCement (ETR:HEI) in a research note published on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the basic materials company’s stock.

A number of other research analysts have also recently weighed in on the stock. Deutsche Bank set a €73.00 ($84.88) price objective on shares of HeidelbergCement and gave the company a neutral rating in a report on Monday, April 8th. Kepler Capital Markets set a €80.00 ($93.02) price objective on shares of HeidelbergCement and gave the company a buy rating in a report on Thursday, May 9th. Goldman Sachs Group set a €82.00 ($95.35) price objective on shares of HeidelbergCement and gave the company a buy rating in a report on Tuesday. DZ Bank reaffirmed a buy rating on shares of HeidelbergCement in a report on Wednesday, May 15th. Finally, Independent Research set a €77.00 ($89.53) target price on shares of HeidelbergCement and gave the company a neutral rating in a research report on Thursday, May 9th. Nine investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company has a consensus rating of Buy and an average price target of €76.06 ($88.44).

HEI opened at €60.98 ($70.91) on Tuesday. HeidelbergCement has a fifty-two week low of €51.84 ($60.28) and a fifty-two week high of €73.52 ($85.49). The company has a quick ratio of 0.64, a current ratio of 0.94 and a debt-to-equity ratio of 72.79. The firm has a fifty day moving average price of €68.94. The stock has a market capitalization of $12.16 billion and a PE ratio of 12.34.

HeidelbergCement Company Profile

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.

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Analyst Recommendations for HeidelbergCement (ETR:HEI)

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