Investec analyst Ritesh Shah maintained a Sell rating on Heidelberg Materials (0MG2 – Research Report) today and set a price target of €198.00. The company’s shares closed last Friday at €177.60.
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Shah covers the Basic Materials sector, focusing on stocks such as ACC Limited, Hindalco Industries Limited, and J.K. Cement Ltd.. According to TipRanks, Shah has an average return of 2.7% and a 63.64% success rate on recommended stocks.
Heidelberg Materials has an analyst consensus of Moderate Buy, with a price target consensus of €188.44.
The company has a one-year high of €191.10 and a one-year low of €85.62. Currently, Heidelberg Materials has an average volume of 124.3K.
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is neutral on the stock.
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