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

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) has earned an average rating of “Buy” from the eleven analysts that are presently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $16.80.

Several equities research analysts recently weighed in on HCMLY shares. Royal Bank Of Canada reissued a “sector perform” rating on shares of Holcim in a report on Monday, April 27th. DZ Bank upgraded shares of Holcim from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. The Goldman Sachs Group upgraded shares of Holcim from a “hold” rating to a “buy” rating in a research note on Thursday, April 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Holcim in a research note on Friday, July 3rd. Finally, BNP Paribas Exane raised shares of Holcim from a “neutral” rating to an “outperform” rating in a report on Friday, June 19th.

Holcim Stock Down 2.6%

Shares of HCMLY opened at $18.42 on Friday. The stock’s fifty day moving average price is $18.71 and its two-hundred day moving average price is $18.52. 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 1 year low of $15.14 and a 1 year high of $28.00.

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.