HeidelbergCement AG Price & Performance (HDELY)

Heidelberg Materials reported a 5% rise in first-quarter revenue to €4.72 billion, buoyed by price increases and strong performance in Africa-Mediterranean-West Asia. Operating profit edged up to €235 million. Management reaffirmed its optimistic full-year outlook, citing ongoing efficiency initiatives and progress in decarbonization projects.12

JPMorgan has reiterated its 'Overweight' rating on Heidelberg Materials, setting a price target of €200. The stock recently traded at €186.75, down 1.79% amid broader market declines. The bank’s analysts remain positive, despite recent short-term volatility and ongoing economic uncertainties in the construction sector.34

Bernstein analysts have initiated coverage of HeidelbergCement, assigning a 'Market Perform' rating and a €180 price target. They highlighted the company’s diverse geographic exposure and competitive challenges in India, noting that management intends to maintain its presence there for future growth opportunities.5