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

Shares of Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) have received a consensus rating of “Buy” from the eleven brokerages that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and three have assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $16.80.

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

Holcim Price Performance

HCMLY stock traded up $0.28 during midday trading on Friday, hitting $18.28. The stock had a trading volume of 145,665 shares, compared to its average volume of 123,329. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.32 and a quick ratio of 1.09. The business has a fifty day moving average price of $18.73 and a two-hundred day moving average price of $18.56. Holcim has a 1-year low of $15.14 and a 1-year high of $28.00.

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.