Heidelberg Materials stock: J.P. Morgan keeps EUR 225 target for Heidelberg Materials stock

Published on 10/20/2026 at 16:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RBC cut target to EUR 211 on October 9, 2026. Heidelberg Materials stock costs EUR 145.95 on October 20, 2026, up 0.86 percent versus Xetra close.

Analyst target and reporting date

J.P. Morgan maintained its EUR 225.00 target on October 14, 2026.
First-half 2026 revenue rose 1.70 percent to EUR 10.58 billion.
Heidelberg Materials stock costs EUR 145.95 at Lang & Schwarz on October 20, 2026 at 4:38 p.m. CEST, 0.86 percent above the Xetra close of October 19, 2026.
The third-quarter 2026 trading update is scheduled for November 4, 2026.

Börsenhändler vor Trading-Monitoren mit DAX-Index und Bau-Sektor-Performance — Editorial-Foto eines Börsenhändlers vor DAX- und Baustoff-Index-Screens – visualisiert die Börsennotierung und Kapitalmarktstärke der Heidelberg Materials AG (ISIN DE0006047004) im DAX, Illustration mit AI erstellt.

Heidelberg Materials (ISIN DE0006047004) has a EUR 225.00 price target from J.P. Morgan, which maintained its Buy rating on October 14, 2026, according to Markets Insider. The stock was trading at EUR 145.95 at Lang & Schwarz on October 20, 2026 at 4:38 p.m. CEST, up 0.86 percent versus the Xetra close of October 19, 2026.

Analysts see a wide target gap

J.P. Morgan's target is 54.13 percent above the Lang & Schwarz price. The calculation uses the EUR 225.00 target and the EUR 145.95 quote, putting the analyst view well above the current market level.

RBC Capital Markets raised its rating from Sector Perform to Outperform on October 9, 2026, while cutting its price target from EUR 217.00 to EUR 211.00, according to finanzen.at. The change shows that the positive rating and the target revision moved in opposite directions.

Stock stays near its yearly low

The reported 52-week range was EUR 139.75 to EUR 239.20 as of October 19, 2026. At EUR 145.95, Heidelberg Materials stock stood 4.44 percent above its yearly low and 38.98 percent below its yearly high. The market capitalization was EUR 25.8 billion on October 20, 2026.

Heidelberg Materials also stood 35.00 percent lower year to date in an October 20, 2026 market assessment. The narrow distance to the yearly low gives the analyst targets more significance for the stock's valuation picture, even though the daily move was limited to 0.86 percent.

First-half revenue rose 1.70 percent

In the first half of 2026, revenue increased 1.70 percent to EUR 10.58 billion, while the operating result reached EUR 1.25 billion, according to Borse Express. The same report said the Transformation Accelerator program had delivered EUR 440.00 million in savings by September 22, 2026.

November 4 brings the next date

Heidelberg Materials is scheduled to publish its third-quarter 2026 trading update on November 4, 2026, followed by an analyst conference, as reported by Borse Express. That date is the next scheduled company event in the current calendar.

Current price and investor frame

The analyst targets, first-half growth and the November reporting date give investors three measurable reference points for the stock. Heidelberg Materials remains close to its yearly low while the latest reported revenue still showed growth.

Heidelberg Materials was trading at EUR 145.95 at Lang & Schwarz on October 20, 2026 at 4:38 p.m. CEST, 0.86 percent above the Xetra close of October 19, 2026 at EUR 144.70. The further course of trading is shown by the continuously updated real-time quote of Heidelberg Materials stock.