Commerzbank AG issued a report on HeidelbergCement (ETR:HEI), boosting its price target to 75.00EUR earlier today
- Updated: November 25, 2016
Reporting a potential downside of -0.11%, Commerzbank AG upped the price target of HeidelbergCement (ETR:HEI) to 75.00EUR
On 11/25/2016, Commerzbank AG released a statement about HeidelbergCement (ETR:HEI) upped the target price from 0.00EUR to 75.00EUR that suggested a downside of -0.11%.
Having a price of 84.10EUR, HeidelbergCement (ETR:HEI) traded 0.10% higher on the day. With the last stock price up 15.14% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. HEI has recorded a 50-day average of 69.90EUR and a two hundred day average of 68.17EUR. Trade Volume was down over the average, with 103,105 shares of HEI changing hands under the typical 156,103
Recent Performance Chart
HeidelbergCement has PE ratio of 35.52 with a one year low of 47.86EUR and a one year high of 78.95EUR and has a market capitalization of 0 EUR.
A total of 1 brokerage has issued a ratings update on HeidelbergCement. Two brokerages rating the company a strong buy, four brokerages rating the company a buy, two brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of 58.00EUR.
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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