Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Given Average Recommendation of "Buy" by Analysts

Key Points

• Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) received a consensus recommendation of “Buy” from analysts, with ratings including three buys, two strong buys, and two holds.
• The company recently increased its dividend to $0.6922 per share, which represents a high yield of 291.0%.
• Holcim's stock is currently trading around $16.64, having a fifty-two week range from $15.14 to $30.00.

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY - Get Free Report) has been assigned a consensus recommendation of "Buy" from the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and two have given a strong buy recommendation to the company.

A number of brokerages recently issued reports on HCMLY. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Holcim in a report on Monday, July 21st. Morgan Stanley reaffirmed an "overweight" rating on shares of Holcim in a research report on Monday, August 4th. Sanford C. Bernstein assumed coverage on Holcim in a research note on Tuesday, May 13th. They set an "outperform" rating for the company. Kepler Capital Markets upgraded Holcim to a "strong-buy" rating in a research report on Thursday, July 24th. Finally, Citigroup reiterated a "neutral" rating on shares of Holcim in a research report on Monday, July 14th.

Holcim Stock Performance

HCMLY opened at $16.64 on Wednesday. The company has a quick ratio of 0.93, a current ratio of 1.25 and a debt-to-equity ratio of 0.43. Holcim has a fifty-two week low of $15.14 and a fifty-two week high of $30.00. The company has a fifty day moving average of $22.01 and a two-hundred day moving average of $21.97.

Holcim Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 6th. Investors of record on Wednesday, May 28th were paid a $0.6922 dividend. This represents a yield of 291.0%. The ex-dividend date of this dividend was Tuesday, May 27th. This is an increase from Holcim's previous dividend of $0.57.

Holcim Company Profile

Holcim AG, together with its subsidiaries, operates as a building materials and solutions company worldwide. It operates through North America; Latin America; Europe; Asia, Middle East & Africa; and Solutions & Products segments. The company offers cement, clinker, and other cementitious materials; ready-mix concrete; aggregates, such as crushed stone, gravel, and sand; and precast, concrete products, asphalts, mortars, roofing systems, insulation tile adhesives, facade solutions, and contracting and services.

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