Jefferies Group LLC began coverage on shares of Holcim Ltd. (OTC:HCMLY) in a report issued on Wednesday morning, StockTargetPrices.com reports. The brokerage issued a hold rating on the stock. Jefferies Group also issued estimates for Holcim’s FY2017 earnings at $0.70 EPS, FY2018 earnings at $0.80 EPS and FY2019 earnings at $0.88 EPS.

Separately, Barclays PLC lowered shares of Holcim from an overweight rating to an equal weight rating in a research note on Thursday, September 7th.

Holcim (HCMLY) opened at 11.69 on Wednesday. The company has a market capitalization of $35.38 billion, a price-to-earnings ratio of 13.32 and a beta of 1.62. The stock has a 50 day moving average price of $11.95 and a 200-day moving average price of $11.69. Holcim has a 12-month low of $9.89 and a 12-month high of $12.34.

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Holcim Company Profile

LafargeHolcim Ltd (LafargeHolcim) is a holding company operating in building materials industry. The Company’s segments include Asia Pacific, Latin America, Europe, North America and Middle East Africa. The Company has three product lines, such as Cement, which consists of clinker, cement and other cementitious materials; Aggregates, and Other construction materials and services, which consists of ready-mix concrete, concrete products, asphalt, construction and paving, trading and other products and services.

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