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HeidelbergCement (ETR:HEI) target price raised to 89.00EUR, reported today by HSBC

Only yesterday HeidelbergCement (ETR:HEI) traded 0.32% higher at 81.23EUR. HEI’s 50-day average is 70.41EUR and its two hundred day moving average is 64.62EUR. The last stock price is up 6.09% relative to the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the date range. 84,709 shares of HeidelbergCement traded, down from ann avg. trading volume of 201,144.

HSBC upped the price target of HeidelbergCement (ETR:HEI) to 89EUR, stating a possible upside of 0.10%,

On 9/19/2016, HSBC released a statement for HeidelbergCement(ETR:HEI) raised the target price from 0.00EUR to 89.00EUR that indicated a possible upside of 0.10%.

Performance Graphic:

HeidelbergCement (ETR:HEI)

A total of 1 broker has issued a research note on HeidelbergCement. Two firms rate the stock a strong buy, four analysts rate the company a buy, two analyts rate the company a hold, 0 rate the company to underperform, and finally 0 brokeragesrate the stock as sell with a consensus target of 58.00EUR

HeidelbergCement has a one-year low of 47.24EUR and a 52 week high of 75.01EUR with a price-earnings ratio of 31 and has a market cap of 0.0 EUR.

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, and sand-lime bricks and specialty products and services.

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