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

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

A number of analysts recently weighed in on HCMLY shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Holcim in a research report on Friday, July 3rd. BNP Paribas Exane upgraded shares of Holcim from a “neutral” rating to an “outperform” rating in a report on Friday, June 19th.

Holcim Stock Performance

OTCMKTS:HCMLY opened at $18.16 on Monday. 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 has a 1-year low of $15.45 and a 1-year high of $21.23. The business’s 50-day moving average price is $17.98 and its two-hundred day moving average price is $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.