Kepler Capital Reaffirms Their Buy Rating on Heidelberg Materials (0MG2)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 28 2024
0mins
Source: Business Insider
- Analyst Ratings and Price Targets: Analyst Prieto Luis from Kepler Capital maintained a Buy rating on Heidelberg Materials with a price target of €111.80, while Goldman Sachs also maintained a Buy rating with a €120.00 price target.
- Company Performance: Heidelberg Materials reported a quarterly net profit of €0 for the quarter ending June 30, compared to the same period last year.
- Insider Activity: Positive sentiment from corporate insiders with an increase in insider buying of Heidelberg Materials' shares.
- Company Description: HeidelbergCement is a global building materials company with operations in 60 countries, primarily producing cement and aggregates for construction.
- Market Outlook: Various financial institutions have raised price targets for Heidelberg Materials, indicating positive market outlook and potential growth.
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.
