Jefferies Remains a Buy on Heidelberg Materials (0MG2)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 02 2025
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Source: Business Insider
Analyst Rating and Price Target: Jefferies analyst Glynis Johnson maintains a Buy rating on Heidelberg Materials with a price target of €145.50, while the stock closed at €119.38 last Monday. The general consensus among analysts is a Strong Buy with an average price target of €132.46.
Insider Activity and Company Overview: Despite positive analyst ratings, insider sentiment is negative as 12 insiders have sold shares recently. HeidelbergCement operates in 60 countries, primarily producing cement and aggregates, with North America being its largest market contributing significantly to EBITDA.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
