Heidelberg Materials: Analysts raise price targets - share to record course!

Heidelberg Materials: Analysts raise price targets - share to record course!

The share of Heidelberg Materials experiences a real high altitude! After an already strong trade week, the building material giant continues its upward trend at the beginning of the new stock exchange week. The reason? Positive analyst comments that further heat the course of the DAX title!

The US bank JPMorgan has raised the price target for the shares of Heidelberg Materials from 108 to an impressive 149 euros and left the classification to "Overweight". Analyst Elodie Rall is extremely optimistic and increases her forecasts for the next two years by up to twelve percent. Your operational results are now up to eleven percent above the market average. Rall describes the stock as "one of the greatest opportunities" in the sector - a clear call to action!

analysts are optimistic

But not only JPmorgan is thrilled! DZ Bank also corrected the price target for Heidelberg Materials. Analyst Thorsten Reigber now sees the fair value at 134 euros after he previously considered 117 euros to be appropriate. His assessment remains at “Buy” because the company cut off a lot in the third quarter and surprised with a positive increase in the total annual forecast.

The Canadian RBC Bank joins the positive trend: Analyst Anthony Codling has increased the price target from 128 to 139 euros and evaluates the DAX title with "outperform". He emphasizes the "Transformation Accelerator" Initiative, which he considers to be promising. The papers of Heidelberg Materials remain attractive for him.

chart and fundamental it looks rosy for the shares of Heidelberg. There is still plenty of room for improvement, even if a healthy correction is not excluded in the next few days. The DAX title remains rated relatively cheaply and the stop course can be raised to 85.00 euros. An exciting investment that should keep an eye on investors!