Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Receives $16.80 Consensus PT from Brokerages

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) has received a consensus recommendation of “Moderate Buy” from the ten brokerages that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and two have given a strong buy recommendation to 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 commented on HCMLY shares. BNP Paribas Exane raised shares of Holcim from a “neutral” rating to an “outperform” rating in a research report on Friday, June 19th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Holcim in a research report on Monday, April 27th. DZ Bank raised Holcim from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Holcim in a research note on Friday, July 3rd.

Holcim Stock Down 0.3%

Shares of HCMLY opened at $17.44 on Thursday. The stock has a 50 day moving average price of $18.41 and a two-hundred day moving average price of $18.34. Holcim has a 52 week low of $15.45 and a 52 week high of $21.23. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.32 and a quick ratio of 1.09.

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.