Holcim (OTCMKTS:HCMLY) Raised to Strong-Buy at Kepler Capital Markets

Key Points

• Holcim has been upgraded to a "strong-buy" rating by Kepler Capital Markets, indicating a positive outlook from analysts.
• The consensus rating for Holcim is currently "Buy", with varying opinions from multiple research firms, including "sector perform" and "outperform".
• As of Thursday, Holcim shares opened at $27.03, showing significant movement with a 52-week high of $30.00 and a low of $17.14.

Holcim (OTCMKTS:HCMLY - Get Free Report) was upgraded by Kepler Capital Markets to a "strong-buy" rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

HCMLY has been the subject of a number of other research reports. Barclays upgraded Holcim from a "strong sell" rating to a "strong-buy" rating in a report on Tuesday, June 10th. Sanford C. Bernstein initiated coverage on shares of Holcim in a report on Tuesday, May 13th. They issued an "outperform" rating for the company. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Holcim in a research note on Monday, July 21st. Royal Bank Of Canada reaffirmed a "sector perform" rating on shares of Holcim in a research report on Tuesday, June 17th. Finally, Citigroup reissued a "neutral" rating on shares of Holcim in a research report on Monday, July 14th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy".

Holcim Price Performance

HCMLY traded up $0.45 during midday trading on Thursday, reaching $27.03. 69,556 shares of the company's stock traded hands, compared to its average volume of 71,529. Holcim has a 52 week low of $17.14 and a 52 week high of $30.00. The company has a current ratio of 1.25, a quick ratio of 0.93 and a debt-to-equity ratio of 0.43. The firm has a fifty day moving average of $24.25 and a two-hundred day moving average of $22.36.

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.