Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) have earned a consensus rating of “Moderate Buy” from the thirteen analysts that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, four have issued a buy recommendation and three have issued a strong buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is $16.80.

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

Holcim Stock Up 3.0%

OTCMKTS:HCMLY opened at $17.00 on Thursday. The business’s 50 day moving average is $18.15 and its two-hundred day moving average is $18.13. Holcim has a 52 week low of $15.14 and a 52 week high of $30.00.

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.