Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) have received an average rating of “Moderate Buy” from the ten brokerages that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the company.

HCMLY has been the topic of several research analyst reports. The Goldman Sachs Group initiated coverage on Holcim in a research report on Thursday, September 4th. They issued a “buy” rating on the stock. UBS Group raised Holcim from a “hold” rating to a “buy” rating in a research report on Tuesday, October 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Holcim in a research report on Monday, July 21st. Citigroup reaffirmed a “neutral” rating on shares of Holcim in a research report on Monday, July 14th. Finally, Zacks Research raised Holcim from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 28th.

Holcim Trading Up 0.5%

Shares of Holcim stock opened at $17.76 on Monday. The stock’s fifty day moving average is $16.90 and its two-hundred day moving average is $20.27. The company has a quick ratio of 1.21, a current ratio of 1.49 and a debt-to-equity ratio of 0.59. Holcim has a 52 week low of $15.14 and a 52 week high of $30.00.

About Holcim

Holcim AG, together with its subsidiaries, operates as a building materials and solutions company worldwide. It operates through North America; Latin America; Europe; Asia, Middle East & Africa; and Solutions & Products segments. The company offers cement, clinker, and other cementitious materials; ready-mix concrete; aggregates, such as crushed stone, gravel, and sand; and precast, concrete products, asphalts, mortars, roofing systems, insulation tile adhesives, facade solutions, and contracting and services.