UBS AG has raised its price target for Heidelberg Materials from 155 to 173 euros while maintaining a "Neutral" rating. Analyst Gregor Kuglitsch anticipates a subdued start to the financial year, noting that the first quarter is less significant, and adjusted benchmarks for North America downwards and other regions upwards, particularly highlighting the German infrastructure program.As of 16:27 in XETRA trading, Heidelberg Materials shares fell 5.0% to EUR 167.95, still showing a potential upside of 3.01% relative to the new price target. The share price has increased by 40.8% since the start of 2025, with 422,182 shares traded recently.