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A statement released earlier today by Norddeutsche Landesbank about HeidelbergCement (ETR:HEI) bumps the target price to 80.00EUR

Norddeutsche Landesbank raised the target price of HeidelbergCement (ETR:HEI) to 80.00EUR indicating a possible downside of -0.05%.

Previously on 11/26/2016, Norddeutsche Landesbank released a statement about HeidelbergCement (ETR:HEI) increased the target price from 0.00EUR to 80.00EUR. At the time, this indicated a possible downside of -0.05%.

Just yesterday HeidelbergCement (ETR:HEI) traded 0.10% higher at 84.10EUR. HeidelbergCement’s 50-day moving average is 69.90EUR and its 200-day moving average is 68.17EUR. The last stock price is up 15.14% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 103,105 shares of HEI traded hands, down from an average trading volume of 156,103

Recent Performance Chart

HeidelbergCement (ETR:HEI)

HeidelbergCement has 52 week low of 47.86EUR and a 52 week high of 78.95EUR with a PE ratio of 35.52 and has a market capitalization of 0 EUR.

Also covering HeidelbergCement's price target, a total of 1 analyst has released a report on HeidelbergCement. The consensus target price is 58.00EUR with 2 firms rating the stock a strong buy, 4 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and lastly zero brokerages rating the company a sell.

General Company Details For HeidelbergCement (ETR:HEI)

Heidelbergcement AG is a Germany-based building materials company. Its products are used for the construction of houses, infrastructure and commercial and industrial facilities. The Company operates through for segments: Cements, Aggregates, Ready-Mixed Concrete-Asphalt and Service- Joint Ventures – Other. The Cements segment and the Aggregates segment focus on raw materials for concrete, namely cement and aggregates, such as sand, gravel and crushed rock. The Ready-Mixed Concrete-Asphalt segment includes the Company's ready-mixed concrete and asphalt activities. The Service- Joint Ventures – Other segment comprises activities of the Company's joint ventures, including trading activities, among others.

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