The Goldman Sachs Group Analysts Give HeidelbergCement (ETR:HEI) a €56.00 Price Target - Defense World

2022-06-25 02:57:47 By : Mr. Andy Wong

Posted by admin on Jun 21st, 2022

HeidelbergCement (ETR:HEI – Get Rating) has been given a €56.00 ($58.95) target price by The Goldman Sachs Group in a research note issued to investors on Tuesday, Borsen Zeitung reports. The Goldman Sachs Group’s target price indicates a potential upside of 12.54% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Barclays set a €50.00 ($52.63) price objective on shares of HeidelbergCement in a research report on Friday, May 27th. UBS Group set a €87.00 ($91.58) price objective on shares of HeidelbergCement in a research report on Wednesday, May 25th. Morgan Stanley set a €68.00 ($71.58) price objective on shares of HeidelbergCement in a research report on Tuesday, March 15th. Credit Suisse Group set a €59.00 ($62.11) price objective on shares of HeidelbergCement in a research report on Wednesday, April 20th. Finally, Berenberg Bank set a €65.00 ($68.42) target price on shares of HeidelbergCement in a research note on Friday, June 10th.

HeidelbergCement stock opened at €49.76 ($52.38) on Tuesday. HeidelbergCement has a 12-month low of €47.01 ($49.48) and a 12-month high of €76.98 ($81.03). The stock has a market cap of $9.61 billion and a P/E ratio of 5.58. The company has a 50-day moving average price of €52.93 and a 200 day moving average price of €57.22. The company has a current ratio of 1.16, a quick ratio of 0.75 and a debt-to-equity ratio of 49.38.

HeidelbergCement Company Profile (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.

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