Brokerages Set Holcim Ltd (OTCMKTS:HCMLY) Price Target at $56.33

Shares of Holcim Ltd (OTCMKTS:HCMLY) have been given a consensus rating of “Buy” by the thirteen analysts that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $56.33.

Several research analysts recently issued reports on HCMLY shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Holcim in a research report on Thursday, October 28th. Credit Suisse Group reiterated an “outperform” rating on shares of Holcim in a research report on Friday, September 17th. Barclays reduced their price target on shares of Holcim from CHF 59 to CHF 56 and set an “overweight” rating on the stock in a research report on Friday, December 10th. JPMorgan Chase & Co. reduced their price target on shares of Holcim from CHF 54 to CHF 53 and set a “neutral” rating on the stock in a research report on Wednesday, December 8th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Holcim in a report on Tuesday, October 12th.

Shares of OTCMKTS:HCMLY opened at $11.39 on Wednesday. Holcim has a 52 week low of $9.40 and a 52 week high of $12.69. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.89 and a current ratio of 1.15. The company’s fifty day moving average is $10.12 and its 200-day moving average is $10.54.

Holcim Company Profile

Holcim Ltd. is a holding company, which engages in the manufacture and sale of construction materials. It operates through the following segments: Cement, Aggregates, Ready-Mix Concrete, and Solutions and Products. The Cement segment offers ECOPlanet and low carbon cements to retailers, precasters, masons, contractors, and infrastructure specialists.

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Analyst Recommendations for Holcim (OTCMKTS:HCMLY)

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