UBS Group Analysts Give HeidelbergCement (ETR:HEI) a €75.00 Price Target

HeidelbergCement (ETR:HEI – Get Rating) has been assigned a €75.00 ($79.79) price target by equities research analysts at UBS Group in a research report issued to clients and investors on Friday, Borsen Zeitung reports. UBS Group’s target price would indicate a potential upside of 14.92% from the company’s current price.

A number of other research firms also recently commented on HEI. Berenberg Bank set a €72.00 ($76.60) price objective on HeidelbergCement in a report on Tuesday. Deutsche Bank Aktiengesellschaft set a €66.00 ($70.21) price objective on HeidelbergCement in a report on Friday, February 24th. Barclays set a €54.00 ($57.45) target price on HeidelbergCement in a research report on Thursday, February 23rd. The Goldman Sachs Group set a €39.00 ($41.49) target price on HeidelbergCement in a research report on Thursday, February 23rd. Finally, JPMorgan Chase & Co. set a €55.00 ($58.51) target price on HeidelbergCement in a research report on Thursday, February 23rd.

HeidelbergCement Trading Down 0.5 %

HEI opened at €65.26 ($69.43) on Friday. HeidelbergCement has a one year low of €38.73 ($41.20) and a one year high of €66.64 ($70.89). The company has a market cap of $12.60 billion, a P/E ratio of 7.94, a PEG ratio of 0.68 and a beta of 1.42. The company has a debt-to-equity ratio of 40.34, a quick ratio of 0.66 and a current ratio of 1.16. The business’s 50-day simple moving average is €61.51 and its 200-day simple moving average is €52.28.

About HeidelbergCement

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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.