Brokerages Set Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Target Price at $16.80

Shares of Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) have earned a consensus recommendation of “Moderate Buy” from the thirteen brokerages that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $16.80.

Several brokerages have issued reports on HCMLY. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Holcim in a research report on Monday, January 12th. Citigroup restated a “neutral” rating on shares of Holcim in a research note on Tuesday, January 13th. DZ Bank downgraded shares of Holcim from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 16th. Morgan Stanley restated an “overweight” rating on shares of Holcim in a research report on Monday, October 27th. Finally, BNP Paribas Exane downgraded shares of Holcim from a “neutral” rating to an “underperform” rating and set a $16.80 target price for the company. in a research note on Thursday, December 4th.

Holcim Stock Performance

OTCMKTS HCMLY opened at $18.14 on Wednesday. Holcim has a 1-year low of $15.14 and a 1-year high of $30.00. The company has a 50 day moving average of $19.61 and a 200-day moving average of $17.97. The company has a quick ratio of 1.21, a current ratio of 1.49 and a debt-to-equity ratio of 0.59.

Holcim Company Profile

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.