Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:
HeidelbergCement (OTCMKTS:HDELY - Get Rating) was downgraded by research analysts at HSBC from a "buy" rating to a "hold" rating in a report released on Friday, The Fly reports.
A number of other equities analysts also recently weighed in on the company. Barclays reduced their price target on HeidelbergCement from €44.00 ($44.90) to €43.00 ($43.88) in a research report on Monday, August 1st. Exane BNP Paribas cut HeidelbergCement from an "outperform" rating to a "neutral" rating in a research report on Tuesday, July 26th. Morgan Stanley lifted their price target on HeidelbergCement from €64.00 ($65.31) to €69.00 ($70.41) in a research note on Monday, August 1st. Societe Generale lowered HeidelbergCement from a "hold" rating to a "sell" rating in a research note on Monday, August 1st. Finally, JPMorgan Chase & Co. cut their price target on HeidelbergCement from €59.00 ($60.20) to €56.00 ($57.14) and set a "neutral" rating on the stock in a research note on Friday, July 29th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, HeidelbergCement presently has a consensus rating of "Hold" and an average target price of $60.20.HeidelbergCement Price Performance
Shares of HDELY opened at $9.03 on Friday. The company has a current ratio of 1.16, a quick ratio of 0.84 and a debt-to-equity ratio of 0.34. The stock has a 50 day simple moving average of $9.60 and a 200 day simple moving average of $10.79. HeidelbergCement has a 52-week low of $8.68 and a 52-week high of $16.56. 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.See AlsoGet a free copy of the StockNews.com research report on HeidelbergCement (HDELY)Oil and Gas Stocks: A Safe Way to Invest in Renewable EnergyWhen Will the Hangover Finally Be Over for Seagate Technology?Are These Green Energy Companies Right For Your Portfolio?Does Enphase Energy Have the Juice to Keep Powering Higher? The One Hydrogen Fuel Cell Stock To Rule Them All
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider HeidelbergCement, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HeidelbergCement wasn't on the list.
While HeidelbergCement currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:
Michael Wang of Prometheus Alternative Investments discusses how individuals should approach their portfolios as the summer rally seems to have fizzled.
Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.
MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.
Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.
Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.
MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.
Twitter Facebook StockTwits Financial Juice YouTube
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved. 326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257 MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds
© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.