J.P. Morgan Keeps Their Buy Rating on Heidelberg Materials (0MG2)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 22 2024
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Source: Business Insider
Analyst Ratings: J.P. Morgan analyst Elodie Rall maintains a Buy rating on Heidelberg Materials with a price target of €108.00, while the overall analyst consensus suggests a Strong Buy with an average price target of €113.55, indicating potential upside from current levels.
Company Overview: HeidelbergCement is a leading global building materials company operating in 60 countries, primarily focused on cement and aggregates production, 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.
