Holcim (OTCMKTS:HCMLY) Upgraded by Societe Generale to Buy

Societe Generale upgraded shares of Holcim (OTCMKTS:HCMLY – Get Rating) from a hold rating to a buy rating in a research report sent to investors on Tuesday morning, The Fly reports.

Other analysts also recently issued reports about the company. Deutsche Bank Aktiengesellschaft boosted their target price on Holcim from CHF 53 to CHF 57 and gave the company a hold rating in a report on Friday, January 20th. JPMorgan Chase & Co. reduced their target price on Holcim from CHF 59 to CHF 50 and set a neutral rating for the company in a report on Thursday, December 8th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of Hold and a consensus target price of $52.29.

Holcim Price Performance

Holcim stock opened at $12.53 on Tuesday. Holcim has a fifty-two week low of $7.81 and a fifty-two week high of $12.75. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.21 and a quick ratio of 0.92. The stock has a 50-day simple moving average of $11.81 and a 200-day simple moving average of $10.24.

Holcim Company Profile

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Holcim Ltd. is a holding company, which engages in the manufacture and sale of construction materials. It operates through the following segments: Cement, Aggregates, Ready-Mix Concrete, and Solutions and Products. The Cement segment offers ECOPlanet and low carbon cements to retailers, precasters, masons, contractors, and infrastructure specialists.