Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Receives Average Recommendation of “Buy” from Brokerages

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) has received a consensus recommendation of “Buy” from the nine research firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $16.80.

A number of research firms have issued reports on HCMLY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Holcim in a report on Friday, July 3rd. BNP Paribas Exane upgraded shares of Holcim from a “neutral” rating to an “outperform” rating in a research report on Friday, June 19th.

Holcim Trading Up 0.3%

Shares of HCMLY opened at $16.33 on Friday. Holcim has a 12 month low of $15.45 and a 12 month high of $21.23. The company has a quick ratio of 1.09, a current ratio of 1.32 and a debt-to-equity ratio of 0.49. The firm’s fifty day simple moving average is $17.44 and its two-hundred day simple moving average is $17.89.

About Holcim

Holcim Ltd. is a Switzerland-based global building materials and solutions company. Its main products include cement, aggregates and ready-mix concrete, along with building systems and specialized solutions used in construction, infrastructure and renovation projects.

The company serves customers through operations and commercial activities across Europe, Latin America, Asia and Africa. Holcim also develops lower-carbon construction products and circular building solutions, including materials designed to reduce emissions and incorporate recycled construction materials.

Holcim traces its history to 1912, when it was established as Holderbank in Switzerland, and adopted the Holcim name in 2001.