Merrill Lynch keeps ‘buy’ rating for HeidelbergCement

Merrill Lynch keeps ‘buy’ rating for HeidelbergCement
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".
Published under Cement News