Barclays Capital raised the target price of Heidelbergcement (ETR:HEI) to 78.00EUR stating a potential downside of -0.09%.

Previously on 02/16/2017, BNP PARIBAS reported on HeidelbergCement (ETR:HEI) raised the target price from 0.00EUR to 108.00EUR that suggested an upside of 0.24%.

Boasting a price of 85.45EUR, HeidelbergCement (ETR:HEI) traded 0.64% higher on the day. With the last close up 12.05% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time period. HEI has recorded a 50-day moving average of 77.57EUR and a 200-day moving average of 72.99EUR. 118,936 shares of HEI traded, down from an avg. volume of 157,687

Recent Performance Chart

HeidelbergCement has a 52 week low of 52.44EUR and a 52 week high of 82.37EUR with a P/E ratio of 35.71 HeidelbergCement’s market capitalization is currently 0 EUR.

Also covering HeidelbergCement's price target, a total of 1 brokerage has issued a ratings update on HEI. The one year target is 58.00EUR with two analysts rating the company a strong buy, four analysts rating the company a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

General Information About HeidelbergCement (ETR:HEI)

Heidelbergcement AG is a Germany-based building materials company. Its products are used for the construction of houses, infrastructure and commercial and industrial facilities. The Company operates through for segments: Cements, Aggregates, Ready-Mixed Concrete-Asphalt and Service- Joint Ventures – Other. The Cements segment and the Aggregates segment focus on raw materials for concrete, namely cement and aggregates, such as sand, gravel and crushed rock. The Ready-Mixed Concrete-Asphalt segment includes the Company's ready-mixed concrete and asphalt activities. The Service- Joint Ventures – Other segment comprises activities of the Company's joint ventures, including trading activities, among others.

The post HeidelbergCement (ETR:HEI) stock price target increased to 78.00EUR, released a research note earlier today by Barclays Capital appeared first on Octafinance.