Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Given Average Recommendation of “Buy” by Analysts

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) has been given a consensus rating of “Buy” by the six research firms that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and two have given a strong buy recommendation to the company.

HCMLY has been the subject of a number of research analyst reports. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Holcim in a research note on Tuesday, June 17th. Citigroup reaffirmed a “neutral” rating on shares of Holcim in a research note on Monday, July 14th. Barclays raised shares of Holcim from a “strong sell” rating to a “strong-buy” rating in a research note on Tuesday, June 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Holcim in a research note on Monday, July 21st. Finally, Sanford C. Bernstein initiated coverage on shares of Holcim in a research note on Tuesday, May 13th. They issued an “outperform” rating for the company.

Holcim Price Performance

Shares of OTCMKTS:HCMLY opened at $15.82 on Friday. The company has a 50 day moving average of $23.78 and a 200-day moving average of $22.25. Holcim has a twelve month low of $15.77 and a twelve month high of $30.00. The company has a quick ratio of 0.93, a current ratio of 1.25 and a debt-to-equity ratio of 0.43.

Holcim Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, June 6th. Investors of record on Wednesday, May 28th were paid a dividend of $0.6922 per share. The ex-dividend date was Tuesday, May 27th. This is a positive change from Holcim’s previous dividend of $0.57. This represents a yield of 2.91%.

About Holcim

Holcim AG, together with its subsidiaries, operates as a building materials and solutions company worldwide. It operates through North America; Latin America; Europe; Asia, Middle East & Africa; and Solutions & Products segments. The company offers cement, clinker, and other cementitious materials; ready-mix concrete; aggregates, such as crushed stone, gravel, and sand; and precast, concrete products, asphalts, mortars, roofing systems, insulation tile adhesives, facade solutions, and contracting and services.