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

Shares of Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) have been assigned a consensus recommendation of “Moderate Buy” from the ten ratings firms that are covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation, five have given a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $16.80.

A number of equities research analysts have commented on the company. DZ Bank raised Holcim from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Holcim in a research report on Monday, April 27th. 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 research note on Friday, June 19th. Finally, The Goldman Sachs Group upgraded shares of Holcim from a “hold” rating to a “buy” rating in a report on Thursday, April 9th.

Holcim Price Performance

Shares of HCMLY opened at $17.99 on Thursday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.09 and a current ratio of 1.32. The stock has a 50-day moving average of $18.52 and a 200-day moving average of $18.38. Holcim has a one year low of $15.45 and a one year high of $21.23.

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.