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

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) has been given an average recommendation of “Moderate Buy” by the thirteen brokerages that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating, four have assigned a buy rating and three have assigned a strong buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $16.80.

Several brokerages recently weighed in on HCMLY. Royal Bank Of Canada restated a “sector perform” rating on shares of Holcim in a research note on Monday, January 12th. The Goldman Sachs Group lowered Holcim from a “buy” rating to a “hold” rating in a report on Thursday, January 22nd. Citigroup raised Holcim from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 5th. Jefferies Financial Group downgraded shares of Holcim from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 3rd. Finally, DZ Bank lowered shares of Holcim from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 16th.

Holcim Stock Down 4.7%

Shares of OTCMKTS:HCMLY opened at $15.72 on Friday. The stock’s 50-day moving average is $19.09 and its 200-day moving average is $18.16. Holcim has a 52-week low of $15.14 and a 52-week high of $30.00. 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.