HeidelbergCement (HEI) PT Set at €62.00 by Societe Generale

HeidelbergCement (ETR:HEI) has been given a €62.00 ($72.09) target price by equities research analysts at Societe Generale in a note issued to investors on Thursday. The firm currently has a “neutral” rating on the basic materials company’s stock. Societe Generale’s target price indicates a potential upside of 3.16% from the stock’s previous close.

HEI has been the topic of several other research reports. UBS Group set a €86.00 ($100.00) price target on shares of HeidelbergCement and gave the company a “buy” rating in a research report on Tuesday, July 31st. Barclays set a €88.00 ($102.33) price target on shares of HeidelbergCement and gave the company a “buy” rating in a research report on Wednesday, August 1st. Nord/LB set a €75.00 ($87.21) price target on shares of HeidelbergCement and gave the company a “neutral” rating in a research report on Tuesday, August 14th. Kepler Capital Markets set a €88.00 ($102.33) price target on shares of HeidelbergCement and gave the company a “buy” rating in a research report on Tuesday, July 31st. Finally, JPMorgan Chase & Co. set a €87.00 ($101.16) price target on shares of HeidelbergCement and gave the company a “neutral” rating in a research report on Wednesday, August 1st. Eight equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of €80.00 ($93.02).

Shares of ETR HEI opened at €60.10 ($69.88) on Thursday. HeidelbergCement has a fifty-two week low of €76.94 ($89.47) and a fifty-two week high of €96.00 ($111.63).

HeidelbergCement Company Profile

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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Analyst Recommendations for HeidelbergCement (ETR:HEI)

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