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HeidelbergCement (ETR:HEI) stock price target raised to 90.00EUR, reported today by HSBC

Just yesterday HeidelbergCement (ETR:HEI) traded -1.51% lower at 84.06EUR. HEI’s 50-day average is 69.77EUR and its 200-day moving average is 65.75EUR. The last closing price is up 4.15% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Trading volume was down over the average, with 142,697 shares of HEI changing hands under the typical 176,028

HeidelbergCement (ETR:HEI) had its stock price target increased to 90.00EUR by HSBC in a report issued 10/05/2016. The upped price target implies a possible upside of 0.07% from the company's most recent stock price close.

On 10/4/2016, Commerzbank AG released a statement on HeidelbergCement (ETR:HEI) increased the target price from 0.00EUR to 90.00EUR. At the time, this indicated a possible upside of 0.06%.

Recent Performance Chart

HeidelbergCement (ETR:HEI)

HeidelbergCement has a price-earnings ratio of 30.99 with a one year low of 47.86EUR and a one year high of 75.01EUR HEI’s total market value is presently 0 EUR.

A total of 1 firm has issued a report on HEI. 2 brokerages rating the stock a strong buy, four brokerages rating the company a buy, 2 brokers rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 firms rating the company a sell with a 12-month price target of 58.00EUR.

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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