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

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) has earned a consensus rating of “Buy” from the eleven research firms that are presently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating, five have assigned a buy rating and three have issued a strong buy rating on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $16.80.

Several equities research analysts have issued reports on HCMLY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Holcim in a research report on Friday, July 3rd. The Goldman Sachs Group upgraded Holcim from a “hold” rating to a “buy” rating in a research note on Thursday, April 9th. DZ Bank raised Holcim from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. Royal Bank Of Canada restated a “sector perform” rating on shares of Holcim in a research note on Monday, April 27th. Finally, BNP Paribas Exane raised Holcim from a “neutral” rating to an “outperform” rating in a report on Friday, June 19th.

Holcim Stock Up 1.6%

HCMLY traded up $0.28 during trading hours on Friday, hitting $18.28. The stock had a trading volume of 145,665 shares, compared to its average volume of 123,329. The company’s fifty day simple moving average is $18.73 and its 200 day simple moving average is $18.56. Holcim has a 1 year low of $15.14 and a 1 year high of $28.00. The company has a current ratio of 1.32, a quick ratio of 1.09 and a debt-to-equity ratio of 0.49.

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.