Shares of HeidelbergCement AG (ETR:HEI) have been assigned an average rating of “Hold” from the fourteen ratings firms that are presently covering the company, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is €59.85 ($70.41).
A number of brokerages recently commented on HEI. Credit Suisse Group set a €60.00 ($70.59) target price on HeidelbergCement and gave the company a “neutral” rating in a research note on Tuesday, August 18th. UBS Group set a €62.00 ($72.94) price target on HeidelbergCement and gave the company a “buy” rating in a research report on Tuesday, September 8th. Barclays set a €52.00 ($61.18) price target on HeidelbergCement and gave the company a “sell” rating in a research report on Friday, July 10th. Independent Research set a €56.00 ($65.88) price target on HeidelbergCement and gave the company a “buy” rating in a research report on Friday, July 31st. Finally, Goldman Sachs Group set a €58.00 ($68.24) price target on HeidelbergCement and gave the company a “neutral” rating in a research report on Wednesday.
Shares of ETR HEI traded up €0.66 ($0.78) during trading hours on Wednesday, reaching €56.04 ($65.93). The stock had a trading volume of 980,183 shares, compared to its average volume of 712,290. The business’s fifty day moving average is €51.85 and its two-hundred day moving average is €46.70. The company has a debt-to-equity ratio of 79.11, a current ratio of 1.17 and a quick ratio of 0.80. The company has a market cap of $11.12 billion and a price-to-earnings ratio of -4.93. HeidelbergCement has a twelve month low of €29.00 ($34.12) and a twelve month high of €70.02 ($82.38).
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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