Jefferies analyst Glynis Johnson maintained a Buy rating on Heidelberg Materials today and set a price target of €244.80. The company’s shares closed yesterday at €195.78.
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According to TipRanks, Johnson is a 4-star analyst with an average return of 10.9% and a 57.31% success rate. Johnson covers the Consumer Cyclical sector, focusing on stocks such as Persimmon, Barratt Redrow, and Bellway.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Heidelberg Materials with a €221.40 average price target, representing a 13.09% upside. In a report released on October 14, UBS also upgraded the stock to a Buy with a €230.00 price target.
0MG2 market cap is currently €34.87B and has a P/E ratio of 18.68.
Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is neutral on the stock.
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