Heidelberg Materials (OTCMKTS:HDLMY) Upgraded at Zacks Research

Zacks Research upgraded shares of Heidelberg Materials (OTCMKTS:HDLMY) from a strong sell rating to a hold rating in a report published on Monday,Zacks.com reports.

Several other equities analysts have also recently issued reports on HDLMY. Royal Bank Of Canada cut shares of Heidelberg Materials from a “moderate buy” rating to a “hold” rating in a research note on Monday, December 8th. Barclays raised shares of Heidelberg Materials from a “hold” rating to a “strong-buy” rating in a report on Monday, November 17th. Finally, Citigroup reissued a “neutral” rating on shares of Heidelberg Materials in a research note on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Heidelberg Materials Stock Performance

Heidelberg Materials stock opened at $56.36 on Monday. Heidelberg Materials has a 12 month low of $27.45 and a 12 month high of $57.79. The stock has a 50 day moving average of $52.48.

About Heidelberg Materials

Heidelberg Materials (OTCMKTS: HDLMY) is a Germany‐based multinational building materials company with a core focus on cement production, aggregates, ready‐mixed concrete, asphalt, and other construction solutions. As one of the world’s leading cement producers, the company supplies essential raw and processed materials used in infrastructure, commercial, and residential construction projects. Its product portfolio also encompasses specialty cement, mineral additives, and tailored concrete technologies designed to meet diverse engineering and environmental requirements.

Operating in more than 50 countries across Europe, North America, Asia-Pacific, Latin America, the Middle East, and Africa, Heidelberg Materials maintains an extensive network of production facilities and distribution channels.