HeidelbergCement (ETR:HEI) has been given a €95.00 ($110.47) price objective by equities research analysts at Berenberg Bank in a note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the basic materials company’s stock. Berenberg Bank’s price objective would indicate a potential upside of 39.13% from the company’s previous close.
A number of other analysts also recently issued reports on the company. DZ Bank reissued a “buy” rating on shares of HeidelbergCement in a research report on Wednesday, May 15th. Barclays reissued an “underweight” rating and set a GBX 600 ($7.84) price objective on shares of in a research report on Monday, July 8th. Sanford C. Bernstein raised Farfetch from an “underperform” rating to a “market perform” rating in a research report on Friday, June 7th. Goldman Sachs Group set a €6.34 ($7.37) price objective on Banco Bilbao Vizcaya Argentaria and gave the stock a “neutral” rating in a research report on Friday, May 17th. Finally, UBS Group reissued a “hold” rating and set a $130.00 price objective on shares of Continental in a research report on Wednesday, May 15th. Nine research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of €75.59 ($87.89).
Shares of ETR:HEI opened at €68.28 ($79.40) on Tuesday. The business’s 50-day simple moving average is €68.79. The company has a quick ratio of 0.84, a current ratio of 1.20 and a debt-to-equity ratio of 65.28. The firm has a market cap of $13.55 billion and a P/E ratio of 11.85. HeidelbergCement has a 12-month low of €51.84 ($60.28) and a 12-month high of €74.14 ($86.21).
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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