HeidelbergCement (HEI) PT Set at €88.00 by Kepler Capital Markets

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HeidelbergCement (ETR:HEI) received a €88.00 ($102.33) target price from stock analysts at Kepler Capital Markets in a report issued on Thursday. The firm currently has a “buy” rating on the basic materials company’s stock. Kepler Capital Markets’ price target would indicate a potential upside of 44.03% from the stock’s current price.

HEI has been the topic of a number of other reports. Deutsche Bank set a €96.00 ($111.63) price objective on shares of HeidelbergCement and gave the company a “buy” rating in a research note on Thursday, July 5th. Goldman Sachs Group set a €97.00 ($112.79) price objective on shares of HeidelbergCement and gave the company a “buy” rating in a research note on Tuesday, July 31st. Cfra set a €78.00 ($90.70) price objective on shares of HeidelbergCement and gave the company a “neutral” rating in a research note on Thursday, August 2nd. HSBC set a €76.00 ($88.37) price objective on shares of HeidelbergCement and gave the company a “neutral” rating in a research note on Friday, August 17th. Finally, Sanford C. Bernstein set a €106.00 ($123.26) price objective on shares of HeidelbergCement and gave the company a “buy” rating in a research note on Monday, July 2nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of €88.26 ($102.63).

Shares of ETR HEI opened at €61.10 ($71.05) on Thursday. HeidelbergCement has a 52-week low of €76.94 ($89.47) and a 52-week high of €96.00 ($111.63).

About HeidelbergCement

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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