01-06-2025
Morgan Stanley Sticks to Its Hold Rating for Heidelberg Materials (0MG2)
In a report released on May 29, Cedar Ekblom from Morgan Stanley maintained a Hold rating on Heidelberg Materials (0MG2 – Research Report), with a price target of €148.00.
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Ekblom covers the Industrials sector, focusing on stocks such as Buzzi SpA, DHL Group, and Heidelberg Materials. According to TipRanks, Ekblom has an average return of 5.3% and a 56.40% success rate on recommended stocks.
In addition to Morgan Stanley, Heidelberg Materials also received a Hold from UBS's Marcus Cole in a report issued on May 28. However, yesterday, Berenberg Bank maintained a Buy rating on Heidelberg Materials (LSE: 0MG2).
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is neutral on the stock.
