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

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

Several research analysts have commented on the stock. BNP Paribas Exane downgraded shares of Holcim from a “neutral” rating to an “underperform” rating and set a $16.80 price objective for the company. in a report on Thursday, December 4th. DZ Bank lowered Holcim from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 16th. Jefferies Financial Group downgraded Holcim from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 3rd. The Goldman Sachs Group downgraded Holcim from a “buy” rating to a “hold” rating in a research report on Thursday, January 22nd. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Holcim in a research report on Monday, January 12th.

Holcim Trading Up 1.4%

HCMLY stock opened at $18.40 on Wednesday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.49 and a quick ratio of 1.21. The company’s fifty day moving average price is $19.59 and its 200-day moving average price is $18.04. Holcim has a one year low of $15.14 and a one year 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.