Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Receives Consensus Rating of "Buy" from Brokerages

Key Points

• Holcim Ltd's Unsponsored ADR (OTCMKTS:HCMLY) has received an average recommendation of "Buy" from six analysts, with ratings varying from hold to strong buy.
• The company's recent dividend increase to $0.6922 per share reflects a yield of 2.91%, up from the previous dividend of $0.57.
• Holcim's stock performance shows a current price of $27.03, with a 12-month trading range between $17.14 and $30.00.

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY - Get Free Report) has been assigned a consensus rating of "Buy" from the six brokerages that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and two have issued a strong buy recommendation on the company.

HCMLY has been the subject of a number of research reports. Sanford C. Bernstein initiated coverage on shares of Holcim in a report on Tuesday, May 13th. They set an "outperform" rating for the company. Kepler Capital Markets raised shares of Holcim to a "strong-buy" rating in a research note on Thursday, July 24th. Royal Bank Of Canada reaffirmed a "sector perform" rating on shares of Holcim in a research note on Tuesday, June 17th. Citigroup restated a "neutral" rating on shares of Holcim in a report on Monday, July 14th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Holcim in a report on Monday, July 21st.

Holcim Price Performance

Shares of OTCMKTS HCMLY traded down $0.16 during midday trading on Friday, hitting $15.91. 136,174 shares of the company traded hands, compared to its average volume of 101,510. Holcim has a 12-month low of $15.79 and a 12-month high of $30.00. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.25 and a quick ratio of 0.93. The stock has a 50-day moving average price of $23.94 and a 200 day moving average price of $22.29.

Holcim Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 6th. Investors of record on Wednesday, May 28th were paid a $0.6922 dividend. The ex-dividend date of this dividend was Tuesday, May 27th. This is a boost from Holcim's previous dividend of $0.57. This represents a yield of 2.91%.

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.