HeidelbergCement (OTCMKTS:HDELY) Upgraded by Societe Generale to “Hold”

Societe Generale upgraded shares of HeidelbergCement (OTCMKTS:HDELYGet Rating) from a sell rating to a hold rating in a research report sent to investors on Tuesday morning, The Fly reports.

HDELY has been the subject of several other reports. JPMorgan Chase & Co. boosted their target price on shares of HeidelbergCement from €44.00 ($47.31) to €49.00 ($52.69) in a research report on Friday, December 9th. HSBC raised shares of HeidelbergCement from a hold rating to a buy rating in a report on Monday, January 30th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, HeidelbergCement currently has an average rating of Hold and a consensus target price of $55.08.

HeidelbergCement Stock Up 2.4 %

Shares of OTCMKTS:HDELY opened at $13.44 on Tuesday. The firm has a 50 day moving average of $13.31 and a 200-day moving average of $10.94. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.70 and a current ratio of 1.05. HeidelbergCement has a 12 month low of $7.49 and a 12 month high of $14.16.

HeidelbergCement Company Profile

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HeidelbergCement AG engages in the production and distribution of cement, aggregates, ready-mixed concrete, and asphalt. It operates through the following geographical segments: Western and Southern Europe; Northern and Eastern Europe-Central Asia; North America; Asia-Pacific; Africa-Eastern Mediterranean Basin, and Group Services.

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