Holcim Ltd (OTCMKTS:HCMLY) Receives Average Recommendation of "Hold" from Analysts - MarketBeat

2022-09-24 02:51:26 By : Ms. Lin Hua

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Holcim Ltd (OTCMKTS:HCMLY - Get Rating) has received an average rating of "Hold" from the eight analysts that are presently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $52.00.

HCMLY has been the subject of a number of recent analyst reports. Berenberg Bank dropped their price objective on Holcim from CHF 43 to CHF 42 in a report on Monday, June 13th. JPMorgan Chase & Co. upped their target price on Holcim from CHF 53 to CHF 56 and gave the stock a "neutral" rating in a report on Tuesday, September 13th. Bank of America upgraded Holcim from a "neutral" rating to a "buy" rating in a report on Friday, September 2nd. UBS Group cut Holcim from a "buy" rating to a "neutral" rating in a report on Monday, June 27th. Finally, Barclays upped their target price on Holcim from CHF 44 to CHF 46 and gave the stock an "equal weight" rating in a report on Thursday, July 28th.Holcim Trading Down 1.3 %

HCMLY opened at $9.21 on Monday. The business has a fifty day moving average of $9.06 and a 200 day moving average of $9.29. Holcim has a 52-week low of $8.03 and a 52-week high of $11.46. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.14 and a current ratio of 1.41. About Holcim (Get Rating)

Holcim Ltd, together with its subsidiaries, operates as a building materials and solutions company in the Asia Pacific, Europe, Latin America, the Middle East, Africa, and North America. It operates through four segments: Cement, Aggregates, Ready-mix Concrete, and Solutions & Products. The company offers cement, hydraulic binders, clinker, and other cementitious materials; aggregates, such as crushed stone, gravel, and sand; and ready-mix concrete, precast concrete products, asphalts, and mortars.See AlsoGet a free copy of the StockNews.com research report on Holcim (HCMLY)Kroger’s is Your One-Stop Consumer Staples StockAdobe Perfects the Art of the Faceplant for InvestorsTax Credits are the Incentives in the Inflation Reduction Act 3 Banks Worth Considering For Q4Stock Market: 3 Islands Of Strength In A Sea Of Red

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