Brokerages Set Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Price Target at $16.80

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) has received a consensus recommendation of “Buy” from the nine ratings firms that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $16.80.

HCMLY has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Holcim in a research report on Friday, July 3rd. BNP Paribas Exane upgraded Holcim from a “neutral” rating to an “outperform” rating in a report on Friday, June 19th.

Holcim Price Performance

Shares of HCMLY stock opened at $18.16 on Monday. Holcim has a 12-month low of $15.45 and a 12-month 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. The business has a 50 day simple moving average of $17.98 and a 200 day simple moving average of $18.04.

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.