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

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

Several research firms have recently commented on HCMLY. UBS Group raised Holcim from a “hold” rating to a “buy” rating in a report on Tuesday, October 14th. Jefferies Financial Group lowered Holcim from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 3rd. BNP Paribas downgraded Holcim from a “neutral” rating to an “underperform” rating and set a $16.80 target price for the company. in a report on Thursday, December 4th. Royal Bank Of Canada restated a “sector perform” rating on shares of Holcim in a research report on Monday. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Holcim in a report on Monday, October 27th.

Holcim Stock Performance

Shares of OTCMKTS:HCMLY opened at $19.40 on Friday. Holcim has a 52 week low of $15.14 and a 52 week high of $30.00. The company has a 50-day moving average price of $18.91 and a 200 day moving average price of $18.72. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.21 and a current ratio of 1.49.

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.