FRANKFURT (dpa-AFX) - Heidelberg Materials shares made another attempt to break out of their price chart on Tuesday. The building materials group's shares climbed by around 4 percent to just over €209. This took them above the consolidation trend since their record high of just over €212 in mid-August.
They had already attempted this in the previous week, but were initially slowed down after the quarterly results. Experts saw one reason for profit-taking after a more than 70 percent increase for the year in the better performance of competitor Holcim in emerging markets.
However, in the summaries of the figures published since then, the majority of price targets have been raised slightly. Jefferies leads the way with €245.20. This means a further 17 percent price potential at the current Xetra level./ag/jha/
