Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Receives $16.80 Consensus Target Price from Brokerages
by Kim Johansen · The Markets DailyHolcim Ltd Unsponsored ADR (OTCMKTS:HCMLY – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the thirteen analysts that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating, four have issued a buy rating and three have assigned a strong buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $16.80.
A number of research firms have recently weighed in on HCMLY. DZ Bank cut Holcim from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 16th. Citigroup upgraded Holcim from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 5th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Holcim in a report on Monday, January 12th. Finally, The Goldman Sachs Group cut Holcim from a “buy” rating to a “hold” rating in a research note on Thursday, January 22nd.
Check Out Our Latest Analysis on HCMLY
Holcim Stock Performance
Shares of HCMLY stock opened at $16.91 on Thursday. Holcim has a 12 month low of $15.14 and a 12 month high of $30.00. The stock has a 50-day moving average price of $18.02 and a 200 day moving average price of $18.12.
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.