Today, HeidelbergCement AG (HEI) PT Set at €80.00 by Nord/LB

Today, HeidelbergCement AG (HEI) PT Set at €80.00 by Nord/LB
HeidelbergCement AG (ETR:HEI) has been assigned a €80.00 ($86.02) price target by research analysts at Nord/LB in a research note issued on Friday. The firm presently has a “neutral” rating on the stock.

Several other brokerages have also recently issued reports on HEI. JPMorgan Chase & Co. set a €79.00 ($84.95) price objective on HeidelbergCement AG and gave the company a “neutral” rating in a research note on Friday, August 12th. Societe Generale set a €83.00 ($89.25) price objective on HeidelbergCement AG and gave the company a “neutral” rating in a research note on Friday, August 5th. Sanford C. Bernstein set a €95.00 ($102.15) price objective on HeidelbergCement AG and gave the company a “buy” rating in a research note on Friday, November 18th. Deutsche Bank AG set a €86.00 ($92.47) price objective on HeidelbergCement AG and gave the company a “neutral” rating in a research note on Monday, October 10th. Finally, Commerzbank AG set a €90.00 ($96.77) price objective on HeidelbergCement AG and gave the company a “buy” rating in a research note on Monday, November 7th. Five equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of €85.53 ($91.96).

Shares of HeidelbergCement AG (ETR:HEI) opened at 83.929 on Friday. The stock has a 50 day moving average price of €85.60 and a 200 day moving average price of €78.65. HeidelbergCement AG has a 12-month low of €58.70 and a 12-month high of €94.42. The firm has a market capitalization of €16.65 billion and a PE ratio of 21.088.

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