Commerzbank AG set a €75.00 ($78.95) price objective on HeidelbergCement AG (ETR:HEI) in a research report sent to investors on Thursday morning. The firm currently has a sell rating on the stock.

Several other equities research analysts have also weighed in on HEI. Sanford C. Bernstein set a €92.00 ($96.84) price objective on HeidelbergCement AG and gave the company a buy rating in a research note on Friday, July 29th. Baader Bank set a €90.00 ($94.74) price target on HeidelbergCement AG and gave the stock a buy rating in a research report on Friday, July 29th. DZ Bank AG restated a buy rating on shares of HeidelbergCement AG in a research report on Friday, July 29th. S&P Global Inc. set a €72.00 ($75.79) price target on HeidelbergCement AG and gave the stock a sell rating in a research report on Friday, July 29th. Finally, Kepler Capital Markets set a €78.00 ($82.11) price target on HeidelbergCement AG and gave the stock a buy rating in a research report on Friday, July 29th. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the company. HeidelbergCement AG has an average rating of Hold and an average price target of €85.53 ($90.03).

Analyst Recommendations for HeidelbergCement AG (ETR:HEI)

HeidelbergCement AG (ETR:HEI) opened at 83.951 on Thursday. The firm has a market capitalization of €16.66 billion and a PE ratio of 21.093. HeidelbergCement AG has a one year low of €58.70 and a one year high of €94.42. The company has a 50 day moving average price of €85.59 and a 200-day moving average price of €78.75.

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About HeidelbergCement AG

Heidelbergcement AG is a Germany-based company engaged in the manufacture of building materials. The Company’s main activities include the production and distribution of cement and aggregates, the two raw materials for the manufacture of concrete. Furthermore it is engaged in downstream activities, such as ready-mixed concrete, concrete products, and concrete elements, as well as other related products and services.

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