A statement released earlier today by Commerzbank AG about HeidelbergCement (ETR:HEI) ups the target price to 90.00EUR
- Updated: October 4, 2016
Having a price of 84.85EUR, HeidelbergCement (ETR:HEI) traded -1.51% lower on the day. The last stock close price is up 4.15% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. HEI has recorded a 50-day moving average of 69.77EUR and a 200-day moving average of 65.75EUR. 142,697 shares of HEI traded hands, down from an average trading volume of 176,028
In a report released on 10/04/2016 Commerzbank AG increased the stock price target of HeidelbergCement (ETR:HEI) to 90.00EUR reporting a potential upside of 0.06%.
With a total market value of 0 EUR, HeidelbergCement has price-earnings ratio of 30.99 with a one year low of 47.86EUR and a one year high of 75.01EUR .
A total of 1 firm has issued a report on the stock. 2 firms rating the stock a strong buy, four analysts rating the stock a buy, 2 brokerages rating the stock a hold, 0 firms rating the stock a underperform, and finally zero analysts rating the company a sell with a one year target of 58.00EUR.
Brief Synopsis About HeidelbergCement (ETR:HEI)
Heidelbergcement AG is a Germany-based company engaged in the manufacture of building materials. The Company's main activities include the production and distribution of cement and aggregates, the two raw materials for the manufacture of concrete. Furthermore it is engaged in downstream activities, such as ready-mixed concrete, concrete products, and concrete elements, as well as other related products and services. The Company's products are classified into four business lines: Cement, which includes standard cements, specialty cements, masonry cements, and specific binders, such as tailor-made ready-mixed cement products; Aggregates, used as raw material for ready mixed concrete and concrete products; Concrete, which includes ready-mixed concrete, ready-mixed mortar and concrete products, and Building Products, such as limestone and lime products, sand-lime bricks and specialty products and services.
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