HeidelbergCement (ETR:HEI) PT Set at €60.00 by Deutsche Bank Aktiengesellschaft

HeidelbergCement (ETR:HEI – Get Rating) has been given a €60.00 ($65.22) price objective by analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Friday, Borsen Zeitung reports. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 2.39% from the company’s previous close.

Several other research analysts also recently weighed in on HEI. Barclays set a €54.00 ($58.70) target price on HeidelbergCement in a research note on Wednesday. The Goldman Sachs Group set a €36.00 ($39.13) price target on HeidelbergCement in a research note on Thursday, November 3rd. Berenberg Bank set a €60.00 ($65.22) price target on HeidelbergCement in a research note on Wednesday, January 11th. Stifel Nicolaus set a €64.00 ($69.57) price target on HeidelbergCement in a research note on Thursday, September 29th. Finally, Jefferies Financial Group set a €61.30 ($66.63) price target on HeidelbergCement in a research note on Thursday.

HeidelbergCement Trading Up 0.2 %

Shares of HEI stock opened at €58.60 ($63.70) on Friday. The business’s 50 day moving average is €53.93 and its two-hundred day moving average is €48.79. HeidelbergCement has a twelve month low of €38.73 ($42.10) and a twelve month high of €68.08 ($74.00). The company has a market capitalization of $11.32 billion and a P/E ratio of 7.23. The company has a current ratio of 1.06, a quick ratio of 0.66 and a debt-to-equity ratio of 50.38.

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.