Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) has received a consensus rating of “Moderate Buy” from the eleven ratings firms that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and three have assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $16.80.

Several research firms have issued reports on HCMLY. The Goldman Sachs Group upgraded shares of Holcim from a “hold” rating to a “buy” rating in a research note on Thursday, April 9th. DZ Bank upgraded shares of Holcim from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Holcim in a research note on Monday, April 27th. BNP Paribas Exane upgraded shares of Holcim from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Finally, Citigroup upgraded shares of Holcim from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 5th.

Holcim Price Performance

Holcim stock opened at $19.26 on Tuesday. Holcim has a 1 year low of $15.14 and a 1 year high of $28.00. The firm has a 50 day moving average price of $18.54 and a 200 day moving average price of $18.59. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.09 and a current ratio of 1.32.

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.