Deutsche Bank cuts target for Heidelberg Materials stock to EUR 206.00

Published on 10/26/2026 at 16:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 1.70 percent in first-half 2026. Heidelberg Materials stock costs EUR 146.73 on October 26, 2026, minus 0.72 percent versus Xetra close.

Deutsche Bank target decision

Deutsche Bank cut its Heidelberg Materials target from EUR 210.00 to EUR 206.00 on October 20, 2026.
First-half 2026 revenue reached EUR 10.58 billion, up 1.70 percent year over year.
Heidelberg Materials stock stood at EUR 146.73 at Lang & Schwarz on October 26, 2026 at 4:45 p.m. CEST, down 0.72 percent versus the Xetra close of October 23, 2026.
Third-quarter results are scheduled for November 4, 2026.

Heidelberg Materials, DE0006047004, Illustration mit AI erstellt.

Heidelberg Materials (ISIN DE0006047004) faces a lower analyst valuation after Deutsche Bank Research cut its price target from EUR 210.00 to EUR 206.00 on October 20, 2026, while keeping its Buy rating, according to T-Online. The target was 40.40 percent above the EUR 146.73 stock price. At Lang & Schwarz, Heidelberg Materials was trading at EUR 146.73 on October 26, 2026 at 4:45 p.m. CEST, down 0.72 percent versus the Xetra close of October 23, 2026 at EUR 147.80.

First-half revenue rose 1.70 percent

Heidelberg Materials entered the upcoming reporting date with stronger first-half operating figures. First-half 2026 revenue was EUR 10.58 billion, up 1.70 percent from the prior-year period, while net income reached EUR 743.00 million, up 7.00 percent, according to Simply Wall St. The reported profit margin was 7.00 percent, compared with 6.70 percent in first-half 2025.

Stock sits 6.95 percent above its low

The price position remains below the upper end of its yearly range. The 52-week range was EUR 137.20 to EUR 241.80 as of October 26, 2026, putting the stock 6.95 percent above its low and 39.32 percent below its high. Trading volume was 206,233 shares, while the market capitalization stood at EUR 25.8 billion.

Results date sets the next checkpoint

Heidelberg Materials is scheduled to publish its third-quarter results on November 4, 2026. Reuters reported the date on October 23, 2026. The release will test whether the first-half revenue increase carried into the July-to-September period.

Valuation remains tied to earnings

The stock traded at a price-to-earnings ratio of 15.86 as of October 26, 2026. That valuation now sits alongside a lower Deutsche Bank target and the company's first-half margin improvement, leaving the November results as the next dated measure of earnings progress.

Price and upcoming results

Heidelberg Materials was trading at EUR 146.73 at Lang & Schwarz on October 26, 2026 at 4:45 p.m. CEST, down 0.72 percent versus the Xetra close of October 23, 2026 at EUR 147.80. The November 4 reporting date gives investors the next scheduled operating update.

The further course of trading is shown by the continuously updated real-time quote of Heidelberg Materials stock.