Merrill Lynch keeps ‘buy’ rating for HeidelbergCement

Merrill Lynch keeps ‘buy’ rating for HeidelbergCement
Published: 23 June 2010

US investment bank Merrill Lynch has set its classification for Heidelberg Cement to "Buy" with a target price of € 65.00.

Germany’s biggest building materials group benefit in comparison to other cement manufacturers
mostly from a market recovery in the US, wrote analyst Maud Penillard in a study on Tuesday. She had therefore taken up the stock in the "Building & Construction Most Preferred List".