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

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) has received an average rating of “Buy” from the nine ratings firms that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold rating, five have issued a buy rating and two have issued a strong buy rating on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $16.80.

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

Holcim Price Performance

Holcim stock opened at $17.94 on Monday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.32 and a quick ratio of 1.09. Holcim has a fifty-two week low of $15.45 and a fifty-two week high of $21.23. The stock has a 50-day simple moving average of $18.07 and a 200-day simple moving average of $18.08.

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.