HeidelbergCement (ETR:HEI) has been assigned a €101.00 ($124.69) target price by investment analysts at Goldman Sachs Group in a research note issued to investors on Monday. The firm presently has a “buy” rating on the basic materials company’s stock. Goldman Sachs Group’s target price would indicate a potential upside of 22.36% from the company’s current price.
HEI has been the subject of several other reports. Sanford C. Bernstein set a €105.00 ($129.63) price target on shares of HeidelbergCement and gave the company a “buy” rating in a research report on Monday, January 8th. DZ Bank reaffirmed a “buy” rating on shares of HeidelbergCement in a research note on Wednesday, December 13th. UBS Group set a €86.50 ($106.79) price objective on shares of HeidelbergCement and gave the company a “neutral” rating in a research note on Tuesday, November 28th. Barclays set a €100.00 ($123.46) price objective on shares of HeidelbergCement and gave the company a “buy” rating in a research note on Monday, January 29th. Finally, Nord/LB set a €85.00 ($104.94) price objective on shares of HeidelbergCement and gave the company a “neutral” rating in a research note on Thursday, February 22nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of €96.43 ($119.04).
Shares of HeidelbergCement (ETR:HEI) opened at €82.54 ($101.90) on Monday. HeidelbergCement has a 1 year low of €76.94 ($94.99) and a 1 year high of €96.00 ($118.52). The stock has a market cap of $16,380.00 and a PE ratio of 17.90.
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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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