HeidelbergCement traded at 179.63 this Monday November 9th, increasing 5.83 or 3.35 percent since the previous trading session. Looking back, over the last four weeks, HeidelbergCement gained 25.70 percent. Over the last 12 months, its price fell by 10.77 percent. Looking ahead, we forecast HeidelbergCement to be priced at 169.16 by the end of this quarter and at 155.97 in one year, according to Trading Economics global macro models projections and analysts expectations.
HeidelbergCement AG is a Germany-based building materials company. Its products are used for the construction of houses, infrastructure and commercial and industrial facilities. The Company operates through for segments: Cements, Aggregates, Ready-Mixed Concrete-Asphalt and Service- Joint Ventures - Other. The Cements segment and the Aggregates segment focus on raw materials for concrete, namely cement and aggregates, such as sand, gravel and crushed rock. The Ready-Mixed Concrete-Asphalt segment includes the Company's ready-mixed concrete and asphalt activities. The Service- Joint Ventures - Other segment comprises activities of the Company's joint ventures, including trading activities, among others.