HeidelbergCement (ETR:HEI) target price raised to 80.00EUR, issued a report today by Norddeutsche Landesbank
- Updated: November 27, 2016
Yesterday HeidelbergCement (ETR:HEI) traded 0.10% higher at 84.10EUR. The company’s 50-day moving average is 69.90EUR and its 200-day moving average is 68.17EUR. The last stock close price is up 15.14% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 103,105 shares of the stock were exchanged, down from an average trading volume of 156,103
HeidelbergCement (ETR:HEI) had its target price raised to 80.00EUR by Norddeutsche Landesbank in a report released Monday November 28, 2016. The new target price indicates a possible downside of -0.05% based on the company's last stock close price.
Previously on 11/27/2016, Norddeutsche Landesbank reported about HeidelbergCement (ETR:HEI) raised the target price from 0.00EUR to 80.00EUR. At the time, this indicated a possible downside of -0.05%.
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HeidelbergCement has a 52 week low of 47.86EUR and a 52 week high of 78.95EUR with a P/E ratio of 35.52 The company’s market cap is currently 0 EUR.
Also covering HeidelbergCement's price target, a total of 1 brokerage has issued a ratings update on HeidelbergCement. The 12-month price target is 58.00EUR with two equity analysts rating the company a strong buy, four equity analysts rating the company a buy, two equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.
Brief Synopsis About 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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