DZ BANK upgraded HeidelbergCement (ETR:HEI) to Buy in a report released today.
- Updated: September 29, 2016
Showing a price of 83.64EUR, HeidelbergCement (ETR:HEI) traded -0.58% lower on the day. With the last stock price close up 5.13% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. HEI has recorded a 50-day moving average of 70.06EUR and a 200-day moving average of 65.40EUR. 154,652 shares of HeidelbergCement exchanged hands, down from an avg. volume of 175,116
DZ BANK has upgraded HeidelbergCement (ETR:HEI) to Buy in a statement released on Friday September 30, 2016.
Recent Performance Chart
With a market capitalization of 0 EUR, HeidelbergCement has one year low of 47.51EUR and a one year high of 75.01EUR with a P/E ratio of 31.11 .
Also covering HeidelbergCement's target, a total of 1 equity analyst has issued a ratings update on HeidelbergCement. The 12-month price target is 58.00EUR with 2 brokers rating the stock a strong buy, 4 equity analysts rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and lastly 0 brokerages rating the company a sell.
General Company Details For 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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