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

Shares of Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) have received an average rating of “Buy” from the nine brokerages that are currently covering the stock, Marketbeat.com reports. Two investment 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 1-year target price among brokers that have issued a report on the stock in the last year is $16.80.

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

Holcim Price Performance

Shares of HCMLY stock opened at $17.94 on Monday. The business’s 50 day moving average is $18.07 and its two-hundred day moving average is $18.08. Holcim has a twelve month low of $15.45 and a twelve month high of $21.23. The company has a current ratio of 1.32, a quick ratio of 1.09 and a debt-to-equity ratio of 0.49.

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.