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

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) has been assigned a consensus recommendation of “Moderate Buy” from the thirteen research firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation, four have assigned a buy recommendation and three have issued a strong buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is $16.80.

A number of research analysts have recently commented on HCMLY shares. Citigroup upgraded Holcim from a “hold” rating to a “strong-buy” rating in a report on Thursday. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Holcim in a research report on Monday, January 12th. DZ Bank cut shares of Holcim from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 16th. BNP Paribas Exane downgraded shares of Holcim from a “neutral” rating to an “underperform” rating and set a $16.80 price target for the company. in a report on Thursday, December 4th. Finally, The Goldman Sachs Group lowered shares of Holcim from a “buy” rating to a “hold” rating in a research report on Thursday, January 22nd.

Holcim Stock Performance

Shares of OTCMKTS:HCMLY opened at $16.71 on Friday. The business has a 50 day moving average price of $19.34 and a 200 day moving average price of $18.18. 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 has a twelve month low of $15.14 and a twelve month high of $30.00.

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.