Heidelberg Materials Needs Outlook Upgrade to Lift Share Price Further -- Market Talk
Dow Jones
May 08, 2025
0856 GMT - Heidelberg Materials backed its full-year outlook but the market sees a lift as possible based on first-quarter results, Davy Research analyst Ross Harvey says in a research note. "The share price, in our view, will require such upgrades as the year progresses," Harvey says. The German building-material group posted results ahead of expectations. Shares trade 2.6% higher at 181.60 euros. (nina.kienle@wsj.com)
(END) Dow Jones Newswires
May 08, 2025 04:56 ET (08:56 GMT)
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