HeidelbergCement traded at 172.45 this Thursday July 2nd, increasing 7.70 or 4.67 percent since the previous trading session. Looking back, over the last four weeks, HeidelbergCement gained 2.57 percent. Over the last 12 months, its price fell by 11.84 percent. Looking ahead, we forecast HeidelbergCement to be priced at 179.49 by the end of this quarter and at 165.55 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.