UBS Remains a Hold on Heidelberg Materials (0MG2)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 05 2024
0mins
Source: Business Insider
- UBS Analyst Rating: UBS analyst Gregor Kuglitsch maintained a Hold rating on Heidelberg Materials with a price target of €105.00.
- Analyst Consensus: Heidelberg Materials has an analyst consensus of Strong Buy, with a price target consensus of €111.09.
- Earnings Report: The company reported a quarterly net profit of €0 for the quarter ending June 30, compared to the same period last year.
- Insider Activity: Positive corporate insider sentiment is 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.
