Kepler Capital Remains a Buy on Heidelberg Materials (0MG2)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 09 2024
0mins
Source: Business Insider
- Kepler Capital Analysts' Ratings: Kepler Capital analyst Prieto Luis maintained a Buy rating on Heidelberg Materials with a price target of €111.80, while Goldman Sachs's Pierre de Fraguier also gave a Buy rating.
- UBS Rating: UBS maintained a Hold rating on Heidelberg Materials (LSE: 0MG2) on July 5.
- Earnings Report: Heidelberg Materials reported a quarterly net profit of €0 for the quarter ending June 30, compared to the previous year.
- Insider Activity: Positive insider sentiment was noted with an increase in insiders buying shares of 0MG2 over the past quarter.
- Company Description: HeidelbergCement is a global building materials company with operations in 60 countries, primarily focused on cement and aggregates production.
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.
