Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) have earned an average recommendation of “Moderate Buy” from the eleven analysts that are currently covering the firm, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and three have assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $16.80.

Several research analysts have recently weighed in on the stock. BNP Paribas Exane upgraded shares of Holcim from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. DZ Bank upgraded shares of Holcim from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. Royal Bank Of Canada restated a “sector perform” rating on shares of Holcim in a research note on Monday, April 27th. Citigroup upgraded shares of Holcim from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 5th. Finally, The Goldman Sachs Group upgraded shares of Holcim from a “hold” rating to a “buy” rating in a research note on Thursday, April 9th.

Holcim Price Performance

Shares of HCMLY stock opened at $19.26 on Tuesday. The firm has a fifty day simple moving average of $18.54 and a 200-day simple moving average of $18.59. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.09 and a current ratio of 1.32. Holcim has a twelve month low of $15.14 and a twelve month high of $28.00.

Holcim Company Profile

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.