HeidelbergCement (HEI) Given a €73.00 Price Target by JPMorgan Chase & Co. Analysts

HeidelbergCement (ETR:HEI) has been given a €73.00 ($84.88) target price by equities research analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Tuesday. The firm currently has a “buy” rating on the basic materials company’s stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 21.55% from the stock’s current price.

HEI has been the subject of several other reports. Sanford C. Bernstein set a €99.00 ($115.12) target price on shares of HeidelbergCement and gave the company a “buy” rating in a research note on Wednesday, November 14th. Deutsche Bank set a €72.00 ($83.72) price target on shares of HeidelbergCement and gave the company a “neutral” rating in a report on Monday, December 3rd. Goldman Sachs Group set a €80.00 ($93.02) price target on shares of HeidelbergCement and gave the company a “buy” rating in a report on Wednesday, November 14th. Societe Generale set a €62.00 ($72.09) price target on shares of HeidelbergCement and gave the company a “neutral” rating in a report on Thursday, November 8th. Finally, Kepler Capital Markets set a €80.00 ($93.02) price target on shares of HeidelbergCement and gave the company a “buy” rating in a report on Tuesday, February 5th. Seven investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. HeidelbergCement currently has a consensus rating of “Buy” and an average target price of €75.82 ($88.17).

ETR:HEI opened at €60.06 ($69.84) on Tuesday. HeidelbergCement has a one year low of €76.94 ($89.47) and a one year 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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