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

Shares of Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) have received a consensus rating of “Moderate Buy” from the thirteen brokerages that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, four have assigned a buy rating and three have assigned a strong buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $16.80.

Several equities research analysts recently issued reports on the company. BNP Paribas Exane downgraded Holcim from a “neutral” rating to an “underperform” rating and set a $16.80 price objective for the company. in a research note on Thursday, December 4th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Holcim in a report on Monday, January 12th. Jefferies Financial Group lowered shares of Holcim from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 3rd. The Goldman Sachs Group cut Holcim from a “buy” rating to a “hold” rating in a research report on Thursday, January 22nd. Finally, DZ Bank cut shares of Holcim from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 16th.

Holcim Trading Down 3.3%

Shares of Holcim stock opened at $16.71 on Friday. Holcim has a 12 month low of $15.14 and a 12 month high of $30.00. The company has a quick ratio of 1.21, a current ratio of 1.49 and a debt-to-equity ratio of 0.59. The business has a fifty day simple moving average of $19.34 and a 200-day simple moving average of $18.18.

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.