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JP Morgan Chase & Co. announced HeidelbergCement (ETR:HEI), boosting its stock price target to 79.00EUR today

Only yesterday HeidelbergCement (ETR:HEI) traded 1.11% lower at 78.80EUR. HeidelbergCement’s 50-day average is 70.38EUR and its 200-day moving average is 64.76EUR. The last stock close is up 5.53% from the 200-day moving average, compared to the S&P 500 which has fallen -0.01% over the date range. Trading volume was was up over the average, with 232,981 shares of HEI changing hands over the typical 202,938 shares..

In a report issued 9/13/2016 JP Morgan Chase & Co. upped the target price of HeidelbergCement (ETR:HEI) from 0EUR to 79EUR stating a possible upsideof 0.00%.

Previously on 9/12/2016, JP Morgan Chase & Co. released a statement on HeidelbergCement(ETR:HEI) bumped the target price from 0.00EUR to 79.00EUR that indicated a possible upside of 0.00%.

See Graphic Below:

HeidelbergCement (ETR:HEI)

A total of 1 firm has reported on the company. Two firms rate the stock a strong buy, four analysts rate the company a buy, two analyts rate the stock a hold, 0 rate the stock to underperform, and lastly 0 brokeragesrate the stock as sell with an average target price of 58.00EUR

HeidelbergCement has a 52 week low of 47.24EUR and a 52 week high of 75.01EUR with a P/E ratio of 31 and has a market cap of 0.0 EUR.

General Information 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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