Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) have been given an average rating of “Moderate Buy” by the ten research firms that are currently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $16.80.

Several equities analysts have weighed in on HCMLY shares. Royal Bank Of Canada restated a “sector perform” rating on shares of Holcim in a research note on Monday, April 27th. The Goldman Sachs Group upgraded shares of Holcim from a “hold” rating to a “buy” rating in a research note on Thursday, April 9th. DZ Bank raised shares of Holcim from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Holcim in a research report on Friday, July 3rd. Finally, BNP Paribas Exane raised shares of Holcim from a “neutral” rating to an “outperform” rating in a research report on Friday, June 19th.

Holcim Stock Performance

Shares of OTCMKTS:HCMLY opened at $17.99 on Thursday. The business’s 50 day moving average is $18.52 and its 200 day moving average is $18.38. Holcim has a 12-month low of $15.45 and a 12-month high of $21.23. The company has a quick ratio of 1.09, a current ratio of 1.32 and a debt-to-equity ratio of 0.49.

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.