Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Stock Now Rated “Buy” by Sell-Side Analysts

Shares of Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) have been given a consensus recommendation of “Buy” by the nine analysts that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, five have given a buy rating and two have issued a strong buy rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $16.80.

A number of research firms recently commented on HCMLY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Holcim in a report on Friday, July 3rd. BNP Paribas Exane upgraded shares of Holcim from a “neutral” rating to an “outperform” rating in a report on Friday, June 19th.

Holcim Trading Down 2.1%

Shares of Holcim stock opened at $15.52 on Friday. Holcim has a 52 week low of $15.36 and a 52 week high of $21.23. The company’s 50-day moving average price is $17.34 and its two-hundred day moving average price is $17.89.

Holcim Company Profile

Holcim Ltd. is a Switzerland-based global building materials and solutions company. Its main products include cement, aggregates and ready-mix concrete, along with building systems and specialized solutions used in construction, infrastructure and renovation projects.

The company serves customers through operations and commercial activities across Europe, Latin America, Asia and Africa. Holcim also develops lower-carbon construction products and circular building solutions, including materials designed to reduce emissions and incorporate recycled construction materials.

Holcim traces its history to 1912, when it was established as Holderbank in Switzerland, and adopted the Holcim name in 2001.