Barclays PLC Downgrades Lafargeholcim Ltd (HCMLY) to Equal Weight
Lafargeholcim Ltd (OTC:HCMLY) was downgraded by Barclays PLC from an “overweight” rating to an “equal weight” rating in a research note issued on Thursday, StockTargetPrices.com reports.
Lafargeholcim (OTC HCMLY) traded up 0.47% during trading on Thursday, hitting $11.78. 1,168 shares of the stock traded hands. The firm’s 50-day moving average is $11.94 and its 200 day moving average is $11.65. Lafargeholcim has a 52 week low of $9.89 and a 52 week high of $12.23. The stock has a market cap of $35.66 billion and a P/E ratio of 13.63.
Lafargeholcim 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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