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) price objective on HeidelbergCement (ETR:HEIGet Rating) in a research note released on Tuesday morning, Borsen Zeitung reports.

A number of other research analysts have also recently weighed in on the stock. Morgan Stanley set a €64.00 ($65.31) price target on shares of HeidelbergCement in a research report on Wednesday, July 13th. Credit Suisse Group set a €55.00 ($56.12) target price on shares of HeidelbergCement in a research report on Wednesday, July 13th. Jefferies Financial Group set a €44.40 ($45.31) price target on shares of HeidelbergCement in a report on Wednesday, August 31st. Barclays set a €43.00 ($43.88) price target on shares of HeidelbergCement in a report on Friday, July 29th. Finally, UBS Group set a €76.00 ($77.55) price target on shares of HeidelbergCement in a report on Wednesday, July 13th.

HeidelbergCement Price Performance

HeidelbergCement stock opened at €43.40 ($44.29) on Tuesday. The company has a market cap of $8.38 billion and a price-to-earnings ratio of 5.35. The company has a debt-to-equity ratio of 50.38, a quick ratio of 0.66 and a current ratio of 1.06. HeidelbergCement has a 1 year low of €43.12 ($44.00) and a 1 year high of €70.16 ($71.59). The firm has a 50 day moving average price of €47.78 and a 200 day moving average price of €50.71.

About HeidelbergCement

(Get Rating)

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.

Recommended Stories

Receive News & Ratings for HeidelbergCement Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HeidelbergCement and related companies with MarketBeat.com's FREE daily email newsletter.