Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Receives $16.80 Average PT from Analysts

Shares of Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) have been assigned a consensus rating of “Moderate Buy” from the twelve analysts that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, five have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $16.80.

HCMLY has been the topic of several research reports. Jefferies Financial Group lowered shares of Holcim from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 3rd. Morgan Stanley reaffirmed an “overweight” rating on shares of Holcim in a research note on Monday, October 27th. BNP Paribas lowered Holcim from a “neutral” rating to an “underperform” rating and set a $16.80 price target on the stock. in a report on Thursday, December 4th. The Goldman Sachs Group initiated coverage on Holcim in a research note on Thursday, September 4th. They issued a “buy” rating for the company. Finally, UBS Group raised Holcim from a “hold” rating to a “buy” rating in a research report on Tuesday, October 14th.

Holcim Trading Up 0.3%

Holcim stock opened at $19.69 on Tuesday. Holcim has a 12-month low of $15.14 and a 12-month high of $30.00. The firm’s fifty day moving average is $18.25 and its 200 day moving average is $19.12. The company has a current ratio of 1.49, a quick ratio of 1.21 and a debt-to-equity ratio of 0.59.

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.