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Commerzbank AG issued a report on HeidelbergCement (ETR:HEI), boosting its price target to 75.00EUR earlier today

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 (ETR:HEI)

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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