Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Stock Has Consensus Price Target of $16.80 According to Analysts

Shares of Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) have earned a consensus rating of “Buy” from the nine research firms that are currently covering the company, MarketBeat.com reports. Two investment 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 brokers that have covered the stock in the last year is $16.80.

HCMLY has been the topic of a number of analyst reports. BNP Paribas Exane raised Holcim from a “neutral” rating to an “outperform” rating in a report on Friday, June 19th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Holcim in a research report on Friday, July 3rd.

Holcim Trading Down 1.1%

Shares of OTCMKTS:HCMLY opened at $16.10 on Friday. Holcim has a fifty-two week low of $15.45 and a fifty-two week high of $21.23. The business has a 50-day moving average of $17.56 and a two-hundred day moving average of $17.90. The company has a quick ratio of 1.09, a current ratio of 1.32 and a debt-to-equity ratio of 0.49.

About Holcim

Holcim Ltd. is a Switzerland-based global building materials company that supplies products and solutions used in residential, commercial and infrastructure construction. Its offerings include cement, aggregates, ready-mix concrete and precast products, as well as roofing systems and other building solutions.

The company serves construction customers across Europe, Latin America, Asia and Africa through a network of manufacturing facilities, distribution operations and brands. Holcim also focuses on lower-carbon construction through alternative fuels, recycled materials, products designed to reduce embodied carbon and solutions that support the circular use of building materials.

Holcim traces its origins to 1912, when it was established in Switzerland as Holderbank.