Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) have been assigned an average rating of “Moderate Buy” from the twelve research firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, five have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $16.80.

Several research firms have recently issued reports on HCMLY. UBS Group raised Holcim from a “hold” rating to a “buy” rating in a research report on Tuesday, October 14th. The Goldman Sachs Group began coverage on shares of Holcim in a report on Thursday, September 4th. They issued a “buy” rating for the company. Zacks Research upgraded shares of Holcim from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 28th. Morgan Stanley reissued an “overweight” rating on shares of Holcim in a research report on Monday, October 27th. Finally, BNP Paribas cut Holcim from a “neutral” rating to an “underperform” rating and set a $16.80 price objective on the stock. in a research report on Thursday, December 4th.

Holcim Stock Up 0.5%

OTCMKTS HCMLY opened at $19.41 on Tuesday. The stock’s 50 day moving average is $18.02 and its 200 day moving average is $19.19. Holcim has a twelve month low of $15.14 and a twelve month high of $30.00. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.21 and a current ratio of 1.49.

Holcim Company Profile

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.