Holcim Receives Consensus Rating of “Strong Buy” from Brokerages

Byjirong

Updated Thu, 29 Oct 2015 10:25:29 GMT

Shares of Holcim (NASDAQ:HCMLY) have been given a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

 Zacks has also given Holcim an industry rank of 116 out of 265 based on the ratings given to its competitors.

Holcim (NASDAQ:HCMLY) remained flat at USD 11.64 during midday trading on Monday. The company had a trading volume of 92 shares. Holcim has a 1-year low of USD 10.09 and a 1-year high of USD 15.49. The firm’s 50-day moving average price is USD 11.33 and its 200-day moving average price is USD 13.49. The stock has a market capitalization of USD 21.72 billion and a P/E ratio of 14.10. 

 A number of research analysts have weighed in on the company. Bank of America raised Holcim from a “neutral” rating to a “buy” rating in a research report on Tuesday, July 7th. Zacks cut Holcim from a “hold” rating to a “sell” rating in a report on Thursday, October 8th. Finally, Goldman Sachs upgraded Holcim from a “neutral” rating to a “buy” rating in a research note on Wednesday, September 9th. 

LafargeHolcim Ltd is a Switzerland-based holding company that manufactures, distributes and markets building materials. The Company operates four business segments: Cement, Aggregates, Other construction materials and services, and Corporate. The Cement segment is engaged in the development of cement and comprises cementitious materials, among others. The Aggregates business segment includes crushed stone, gravel and sand. The Other construction materials and services segment comprises ready-mix concrete, concrete products, asphalt, construction and paving, and trading, among others. The Other construction materials and services segment provides environmental services, including waste management, among others. The Corporate segment is engaged in holding activities and general management. It operates through subsidiaries in Asia Pacific, Latin America, Europe, North America, Africa and Middle East regions.