Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Given Average Rating of “Buy” by Analysts

Shares of Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) have earned an average recommendation of “Buy” from the twelve ratings firms that are currently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and four have given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $16.80.

A number of research analysts recently weighed in on HCMLY shares. DZ Bank raised Holcim from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. BNP Paribas Exane raised Holcim from a “strong sell” rating to a “hold” rating in a research report on Friday, April 10th. The Goldman Sachs Group raised Holcim from a “hold” rating to a “buy” rating in a research report on Thursday, April 9th. Citigroup raised Holcim from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 5th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Holcim in a research note on Monday, April 27th.

Holcim Stock Performance

HCMLY stock opened at $19.41 on Friday. Holcim has a twelve month low of $15.14 and a twelve month high of $30.00. The company has a quick ratio of 1.09, a current ratio of 1.32 and a debt-to-equity ratio of 0.49. The business has a 50 day moving average of $17.96 and a 200 day moving average of $18.52.

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.