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

Shares of Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) have been given an average rating of “Moderate Buy” by the thirteen ratings firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, four have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $16.80.

HCMLY has been the subject of several recent research reports. UBS Group upgraded Holcim from a “hold” rating to a “buy” rating in a research note on Tuesday, October 14th. BNP Paribas Exane lowered Holcim from a “neutral” rating to an “underperform” rating and set a $16.80 price target on the stock. in a research report on Thursday, December 4th. Morgan Stanley reissued an “overweight” rating on shares of Holcim in a report on Monday, October 27th. Citigroup restated a “neutral” rating on shares of Holcim in a research note on Tuesday, January 13th. Finally, The Goldman Sachs Group cut shares of Holcim from a “buy” rating to a “hold” rating in a research note on Thursday, January 22nd.

Holcim Trading Down 1.3%

OTCMKTS HCMLY opened at $20.20 on Wednesday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.49 and a quick ratio of 1.21. Holcim has a one year low of $15.14 and a one year high of $30.00. The firm has a 50 day simple moving average of $19.59 and a 200-day simple moving average of $17.94.

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.