Analysts rate Heidelberg Cement share as a ’sell’.

Analysts rate Heidelberg Cement share as a ’sell’.
Published: 31 December 2004

Analysts at Helaba Trust have given a ’sell’ rating to shares in HeidelbergCement, the German building materials group. They explain this by risks on the overheated residential property construction market in the US and on the German sector market, where a further year of recession is expected and cement price development is sluggish. The analysts comment that these risks are not taken into consideration in the share price. However, they add that a building boom in eastern Europe would offer opportunities. Abstracted from Frankfurter Allgemeine Zeitung