HeidelbergCement (ETR:HEI) Given a €51.00 Price Target by The Goldman Sachs Group Analysts

The Goldman Sachs Group set a €51.00 ($52.04) target price on HeidelbergCement (ETR:HEIGet Rating) in a report released on Tuesday, Borsen Zeitung reports.

Several other brokerages also recently commented on HEI. JPMorgan Chase & Co. set a €47.00 ($47.96) price target on HeidelbergCement in a report on Tuesday, September 13th. Morgan Stanley set a €64.00 ($65.31) price objective on HeidelbergCement in a research report on Wednesday, July 13th. Barclays set a €43.00 ($43.88) price objective on HeidelbergCement in a research report on Friday, July 29th. Jefferies Financial Group set a €44.40 ($45.31) price objective on HeidelbergCement in a research report on Wednesday, August 31st. Finally, Oddo Bhf set a €45.00 ($45.92) price objective on HeidelbergCement in a research report on Wednesday, July 6th.

HeidelbergCement Trading Down 4.6 %

Shares of HEI stock opened at €43.40 ($44.29) on Tuesday. HeidelbergCement has a 12 month low of €43.12 ($44.00) and a 12 month high of €70.16 ($71.59). The company has a quick ratio of 0.66, a current ratio of 1.06 and a debt-to-equity ratio of 50.38. The business’s 50 day moving average is €47.78 and its two-hundred day moving average is €50.71. The company has a market cap of $8.38 billion and a PE ratio of 5.35.

HeidelbergCement Company Profile

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HeidelbergCement AG, together with its subsidiaries, produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. It provides cement products, natural stone aggregates, such as sand and gravel; crushed aggregates comprising stone chippings and crushed stones; and concrete/ready-mixed concrete for use in the construction of tunnels or bridges, office buildings, or schools, as well as to produce precast concrete parts consisting of stairs, ceiling elements, or structural components.

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