Brokerages Set Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Target Price at $16.80

Shares of Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLYGet Free Report) have received a consensus rating of “Moderate Buy” from the ten brokerages that are presently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $16.80.

A number of equities research analysts have recently commented on the stock. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Holcim in a research report on Monday, April 27th. DZ Bank upgraded shares of Holcim from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. BNP Paribas Exane upgraded Holcim from a “neutral” rating to an “outperform” rating in a report on Friday, June 19th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Holcim in a report on Friday, July 3rd.

Read Our Latest Analysis on Holcim

Holcim Stock Up 0.6%

Shares of HCMLY opened at $17.63 on Thursday. The stock has a 50 day moving average price of $18.34 and a 200 day moving average price of $18.31. Holcim has a one year low of $15.45 and a one year high of $21.23. The company has a current ratio of 1.32, a quick ratio of 1.09 and a debt-to-equity ratio of 0.49.

About Holcim

(Get Free Report)

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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Analyst Recommendations for Holcim (OTCMKTS:HCMLY)

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