Goldman Sachs analyst Ben Rada Martin maintained a Buy rating on Heidelberg Materials today and set a price target of €235.00. The company’s shares closed yesterday at €190.45.
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Rada Martin covers the Basic Materials sector, focusing on stocks such as Heidelberg Materials, Sika AG, and Buzzi SpA. According to TipRanks, Rada Martin has an average return of -5.8% and a 50.00% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Heidelberg Materials with a €217.07 average price target, representing a 13.98% upside. In a report released on September 29, Jefferies also maintained a Buy rating on the stock with a €244.80 price target.
The company has a one-year high of €212.20 and a one-year low of €95.96. Currently, Heidelberg Materials has an average volume of 59.02K.
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0MG2 in relation to earlier this year.
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