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

Reporting a possible upside of 0.10%, HSBC raised the target stock price of HeidelbergCement (ETR:HEI) to 89EUR.

On 9/13/2016, JP Morgan Chase & Co. released a statement for HeidelbergCement(ETR:HEI) upped the target price from 0.00EUR to 79.00EUR that suggested an upside of 0.00%.

Showing a price of 81.23EUR, HeidelbergCement (ETR:HEI) traded 0.32% higher on the day. The last close is up 6.09% relative to the 200-day moving average, compared with the S&P 500 which has decreased -0.01% over the date range. The company has logged a 50-day average of 70.41EUR and two hundred day moving average of 64.62EUR. 84,709 shares of HeidelbergCement exchanged hands, down from ann average trading volume of 201,144

See Chart Below:

HeidelbergCement (ETR:HEI)

HeidelbergCement has a PE of 31 with a one-year low of 47.24EUR and a one-year high of 75.01EUR and has a market cap of 0.0 EUR.

Also covering HeidelbergCement’s stock price target, a total of 1 equity analyst has reported on the stock. The consensus target is 58.00EUR with two analysts rating the stock a strong buy, four firms rating the stock a buy, two analyts rating the stock a hold, 0 rating the company to underperform, and finally 0 brokeragesrating the stock as sell.

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

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