Analysts and their institutions

InstitutionAnalyst Firm cityRecommen­da­tionTarget price
AlphaValueEgor SoninParisbuy

€234

Bank of AmericaArnaud LehmannLondonbuy

€210

BarclaysKatherine HearneLondonoverweight

€226

BerenbergHarry GoadLondonbuy

€215

BernsteinPujarini GhoshLondonoutperform

€230

BloombergSonia BaldeiraLondon-

-

CIC Market SolutionsEbrahim HomaniParissell

€140

Citi Investment ResearchEphrem RaviLondonbuy

€220

Data Based AnalysisMichael BettsLondon-

-

Davy StockbrokersColin SheridanDublinunderperform

€172

Deutsche BankJonathan BellLondonbuy

€220

DZ BANKThorsten ReigberFrankfurtbuy

€203

Exane BNP ParibasPaul RogerLondonoutperform

€255

Goldman SachsBenjamin Rada MartinLondonbuy

€210

J.P. MorganElodie RallParisoverweight

€225

JefferiesGlynis JohnsonLondonbuy

€286

Kepler CheuvreuxLuis PrietoMadridbuy

€230

Landesbank Baden-WürttembergVolker StollStuttgarthold

€205

MetzlerNikolas DemeterFrankfurtbuy

€205

Morgan StanleyCedar EkblomLondonOverwt/In-Line

€216

MorningstarMatthew DonenAmsterdamhold

€170

OddoSven EdelfeltParisoutperform

€211

On Field InvestmentYassine TouahriLondonneutral

€235

RBC Capital MarketsAnthony CodlingLondonsector perform

€217

Rothschild & Co RedburnHarry DowLondonbuy

€241

UBSJulian RadlingerLondonbuy

€260

Average target price

€218

as of 07 August 2026, 9:00am

  • The analyst recommendations and price targets shown above are as of 07 August 2026 and reflect the views of the respective analysts and their institutions – not those of Heidelberg Materials AG. While we believe the list of covering analysts to be accurate, we cannot guarantee its completeness and undertake no obligation to update it. The information is provided for general information only and does not constitute investment advice.

Disclaimer

To the best of our knowledge, the following institutions and sell-side analysts cover Heidelberg Materials on a regular basis. Heidelberg Materials cannot give any assurance that the list is complete. We update the list periodically, but undertake no obligation to do so.

Any opinions, estimates, or forecasts made by these analysts on Heidelberg Materials' performance are not opinions, estimates, or forecasts of Heidelberg Materials or its management. By providing the names of the analysts, Heidelberg Materials does not imply its endorsement of or concurrence with their reports, conclusions or recommendations.

This list is provided for information only and does not constitute a solicitation to buy, hold, or sell securities.