Brokers Issue Forecasts for Holcim Ltd.’s FY2017 Earnings (HCMLY)
Holcim Ltd. (OTC:HCMLY) – Investment analysts at Jefferies Group issued their FY2017 earnings per share (EPS) estimates for shares of Holcim in a report issued on Wednesday. Jefferies Group analyst J. Jordan expects that the company will earn $0.70 per share for the year. Jefferies Group currently has a “Hold” rating on the stock.
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Separately, Barclays PLC downgraded shares of Holcim from an “overweight” rating to an “equal weight” rating in a research note on Thursday, September 7th.
Holcim (OTC:HCMLY) opened at 11.69 on Friday. The firm has a market capitalization of $35.38 billion, a price-to-earnings ratio of 13.32 and a beta of 1.62. Holcim has a 12-month low of $9.89 and a 12-month high of $12.34. The company’s 50 day moving average price is $11.95 and its 200-day moving average price is $11.69.
LafargeHolcim Ltd (LafargeHolcim) is a holding company operating in building materials industry. The Company’s segments include Asia Pacific, Latin America, Europe, North America and Middle East Africa. The Company has three product lines, such as Cement, which consists of clinker, cement and other cementitious materials; Aggregates, and Other construction materials and services, which consists of ready-mix concrete, concrete products, asphalt, construction and paving, trading and other products and services.
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