Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Receives $16.80 Average Target Price from Brokerages

Shares of Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) have been given an average recommendation of “Moderate Buy” by the thirteen brokerages that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, four have given a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $16.80.

A number of research firms have recently weighed in on HCMLY. The Goldman Sachs Group downgraded shares of Holcim from a “buy” rating to a “hold” rating in a report on Thursday, January 22nd. Jefferies Financial Group downgraded shares of Holcim from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 3rd. Royal Bank Of Canada reissued a “sector perform” rating on shares of Holcim in a research note on Monday, January 12th. DZ Bank lowered Holcim from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 16th. Finally, Citigroup upgraded Holcim from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 5th.

Holcim Stock Performance

Shares of HCMLY opened at $16.54 on Friday. The company’s fifty day moving average is $19.22 and its 200 day moving average is $18.19. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.21 and a current ratio of 1.49. Holcim has a fifty-two week low of $15.14 and a fifty-two week high of $30.00.

About Holcim

Holcim is a global building materials and solutions company headquartered in Switzerland that produces and supplies cement, aggregates, ready-mix concrete, asphalt and a range of prefabricated and construction-related products and services. Its offerings are aimed at construction and infrastructure markets, serving contractors, developers, municipalities and industrial customers with materials for residential, commercial and civil engineering projects.

The company traces its modern form to the 2015 combination of Swiss cement maker Holcim and France’s Lafarge, which created one of the world’s largest building-materials groups; the combined enterprise later simplified its name to Holcim.