DZ Bank AG Reiterates “Buy” Rating for HeidelbergCement AG (HEI)

HeidelbergCement AG (ETR:HEI)‘s stock had its “buy” rating restated by research analysts at DZ Bank AG in a research report issued on Friday.

HEI has been the subject of several other reports. Sanford C. Bernstein set a €103.00 ($110.75) target price on shares of HeidelbergCement AG and gave the stock a “buy” rating in a research report on Tuesday, February 21st. Deutsche Bank AG set a €93.00 ($100.00) target price on shares of HeidelbergCement AG and gave the stock a “neutral” rating in a research report on Monday, February 6th. Commerzbank Ag set a €79.00 ($84.95) target price on shares of HeidelbergCement AG and gave the stock a “sell” rating in a research report on Thursday, February 9th. Kepler Capital Markets set a €78.00 ($83.87) target price on shares of HeidelbergCement AG and gave the stock a “sell” rating in a research report on Thursday, March 16th. Finally, Barclays PLC set a €78.00 ($83.87) target price on shares of HeidelbergCement AG and gave the stock a “sell” rating in a research report on Tuesday, February 7th. Six analysts have rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the company’s stock. HeidelbergCement AG presently has an average rating of “Hold” and a consensus target price of €91.00 ($97.85).

Analyst Recommendations for HeidelbergCement AG (ETR:HEI)

Shares of HeidelbergCement AG (ETR:HEI) opened at 89.53 on Friday. HeidelbergCement AG has a 52-week low of €65.23 and a 52-week high of €94.42. The company has a market cap of €17.76 billion and a P/E ratio of 22.49. The stock has a 50 day moving average of €88.73 and a 200 day moving average of €86.18.

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HeidelbergCement AG Company Profile

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.

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