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

Key Points

• Analysts give Holcim (OTCMKTS: HCMLY) an average recommendation of "Moderate Buy" from 13 firms (5 hold, 5 buy, 3 strong buy) with an average 12‑month target price of $16.80.
• Recent notable analyst moves include upgrades by Goldman Sachs (to buy) and Citigroup (to strong‑buy), while DZ Bank cut to hold and BNP Paribas Exane moved the stock from strong‑sell to hold.
• HCMLY opened at $18.58, trades in a 12‑month range of $15.14–$30.00, has 50‑day and 200‑day SMAs of $17.44 and $18.27, and carries a debt‑to‑equity ratio of 0.49 with current and quick ratios of 1.32 and 1.09.

Shares of Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY - Get Free Report) have received an average recommendation of "Moderate Buy" from the thirteen ratings firms that are currently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and three have issued a strong buy recommendation on the company. The average 12 month target price among brokers that have covered the stock in the last year is $16.80.

A number of equities analysts have recently weighed in on HCMLY shares. The Goldman Sachs Group upgraded Holcim from a "hold" rating to a "buy" rating in a research note on Thursday, April 9th. DZ Bank cut shares of Holcim from a "strong-buy" rating to a "hold" rating in a report on Friday, January 16th. Royal Bank Of Canada reissued a "sector perform" rating on shares of Holcim in a report on Monday, January 12th. BNP Paribas Exane raised shares of Holcim from a "strong sell" rating to a "hold" rating in a report on Friday, April 10th. Finally, Citigroup raised shares of Holcim from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 5th.

Holcim Stock Performance

Shares of HCMLY stock opened at $18.58 on Monday. 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 has a 12 month low of $15.14 and a 12 month high of $30.00. The firm has a fifty day simple moving average of $17.44 and a two-hundred day simple moving average of $18.27.

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.

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