HeidelbergCement AG Stock News

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HeidelbergCement sees higher sales, profits in 2022

HeidelbergCement HEIG.DE, the world's second-largest cement maker, expects both sales and core profit to rise in 2022 on the back of global infrastructure programmes and continuing demand for new home

Futures Reverse Gains As Nail-biting Volatility Enters February World stocks began the new month on firmer ground, after a volatile January, as reassuring comments from Federal Reserve officials helped to calm rate-hike jitters even though US futures failed to extend recent gains. After closing out January with a furious two-day, dip-buying meltup thanks to a flood of inbound month-end rebalancing, US index futures briefly traded through Mondays highs, backed by decent rally in European equities where financials outperformed, boosted by solid UBS earnings, before dipping lower as the volatility seen in past days lingered. At 7:00am ET, emini S&P futures traded 0.23%, or 10.5 points lower, Nasdaq futures were also red, some 31 points or 0.15% lower, and Dow futures dropped 0.2% as investors weighed cautious rate-hike commentary from Fed officials and awaited earnings from firms including Alphabet and General Motors. Treasuries climbed and the dollar weakened. Oil fell, but held close to seven-year highs.

A better than expected increase in fourth-quarter sales and earnings prompted HeidelbergCement to release some results ahead of schedule on Monday.

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Barclays set a 56.00 ($62.92) target price on HeidelbergCement (ETR:HEI) in a research note issued to investors on Thursday, Borsen Zeitung reports. Several other research analysts also recently commented on the company. JPMorgan Chase & Co. set a 58.00 ($65.17) price objective on HeidelbergCement in a research note on Wednesday. UBS Group set a 88.00 []

JPMorgan Chase & Co. set a 58.00 ($65.17) target price on HeidelbergCement (ETR:HEI) in a research report report published on Wednesday, Borsen Zeitung reports. HEI has been the subject of a number of other reports. Jefferies Financial Group set a 65.30 ($73.37) target price on HeidelbergCement in a report on Monday, December 6th. Nord/LB set []

JPMorgan Chase & Co. set a 58.00 ($65.17) target price on HeidelbergCement (ETR:HEI) in a research report released on Wednesday morning, Borsen Zeitung reports. Other equities research analysts have also issued research reports about the company. Berenberg Bank set a 90.00 ($101.12) price target on HeidelbergCement in a research note on Friday, November 12th. Morgan [] The post JPMorgan Chase & Co. Analysts Give HeidelbergCement (ETR:HEI) a 58.00 Price Target appeared first on ETF Daily News .

HeidelbergCement (OTCMKTS:HDELY) had its price target lowered by equities researchers at Barclays from 59.00 ($66.29) to 56.00 ($62.92) in a research report issued to clients and investors on Friday, The Fly reports. The firm presently has an underweight rating on the construction companys stock. Several other research analysts have also recently weighed in on the []

Hanson is one of the UKs largest suppliers of construction materials and part of the HeidelbergCement Group.