Jefferies Financial Group Analysts Give HeidelbergCement (ETR:HEI) a €61.30 Price Target

HeidelbergCement (ETR:HEI – Get Rating) has been assigned a €61.30 ($66.63) target price by research analysts at Jefferies Financial Group in a note issued to investors on Thursday, Borsen Zeitung reports. Jefferies Financial Group’s price objective points to a potential upside of 4.61% from the stock’s previous close.

HEI has been the subject of a number of other reports. JPMorgan Chase & Co. set a €49.00 ($53.26) price target on HeidelbergCement in a research report on Thursday, December 8th. UBS Group set a €67.00 ($72.83) price target on HeidelbergCement in a research note on Wednesday, November 16th. Berenberg Bank set a €60.00 ($65.22) price target on HeidelbergCement in a report on Wednesday, January 11th. Deutsche Bank Aktiengesellschaft set a €50.00 ($54.35) price objective on HeidelbergCement in a report on Monday, November 7th. Finally, Barclays set a €54.00 ($58.70) price target on shares of HeidelbergCement in a research report on Wednesday.

HeidelbergCement Stock Performance

ETR HEI opened at €58.60 ($63.70) on Thursday. The stock has a market capitalization of $11.32 billion and a price-to-earnings ratio of 7.21. 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 current ratio of 1.06, a quick ratio of 0.66 and a debt-to-equity ratio of 50.38. The stock has a 50-day moving average of €53.93 and a 200 day moving average of €48.78.

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.