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

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) has received an average recommendation of “Buy” from the twelve ratings firms that are currently covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and four have issued a strong buy recommendation on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $16.80.

A number of equities research analysts recently issued reports on HCMLY shares. Royal Bank Of Canada reissued a “sector perform” rating on shares of Holcim in a research report on Monday, April 27th. DZ Bank raised Holcim from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. The Goldman Sachs Group raised Holcim from a “hold” rating to a “buy” rating in a report on Thursday, April 9th. Citigroup raised Holcim from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 5th. Finally, BNP Paribas Exane raised Holcim from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th.

Holcim Stock Performance

Shares of OTCMKTS:HCMLY opened at $19.21 on Friday. Holcim has a 1 year low of $15.14 and a 1 year high of $30.00. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.32 and a quick ratio of 1.09. The business’s 50 day simple moving average is $17.83 and its 200 day simple moving average is $18.49.

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.