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HeidelbergCement (ETR:HEI) stock price target increased to 106.00EUR, issued a research note earlier today by Bankhaus Lampe KG

Indicating a possible upside of 0.28%, Bankhaus Lampe KG increased the target price of HeidelbergCement (ETR:HEI) to 106.00EUR

On 09/22/2016, Joh. Berenberg Gossler & Co. KG released a statement on HeidelbergCement (ETR:HEI) upped the target price from 0.00EUR to 75.00EUR that suggested a downside of -0.08%.

Having a price of 82.89EUR, HeidelbergCement (ETR:HEI) traded 0.17% higher on the day. With the last close up 5.72% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. HeidelbergCement has recorded a 50-day average of 70.11EUR and a two hundred day average of 65.32EUR. Volume of trade was down over the average, with 169,196 shares of HEI changing hands under the typical 175,808

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HeidelbergCement (ETR:HEI)

HeidelbergCement has a 52 week low of 47.24EUR and a 52 week high of 75.01EUR with a P/E ratio of 31.25 The company’s market cap is currently 0 EUR.

In addition to Bankhaus Lampe KG reporting its stock price target, a total of 1 brokerage has issued a ratings update on the stock. The consensus target price is 58.00EUR with two equity analysts rating the company a strong buy, four analysts rating the company a buy, two analysts rating the company a hold, 0 firms rating the stock a underperform, and finally 0 brokers rating the company a sell.

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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