Goldman Sachs Group upgraded shares of Lafargeholcim (OTCMKTS:HCMLY) from a neutral rating to a buy rating in a research report sent to investors on Monday morning, The Fly reports.
HCMLY has been the subject of a number of other reports. Societe Generale upgraded Lafargeholcim from a sell rating to a hold rating in a research report on Friday, August 2nd. Kepler Capital Markets upgraded Lafargeholcim from a hold rating to a buy rating in a research report on Tuesday, July 9th. UBS Group upgraded Lafargeholcim from a sell rating to a neutral rating in a research report on Tuesday, June 11th. Barclays upgraded Lafargeholcim from an underweight rating to an equal weight rating in a research report on Monday, July 8th. Finally, BNP Paribas upgraded Lafargeholcim from an underperform rating to a neutral rating in a research report on Thursday, August 1st. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of Hold.
OTCMKTS HCMLY opened at $9.34 on Monday. The company has a current ratio of 1.09, a quick ratio of 0.80 and a debt-to-equity ratio of 0.43. Lafargeholcim has a one year low of $7.80 and a one year high of $10.69. The stock has a 50 day moving average price of $9.74 and a 200-day moving average price of $9.88.
LafargeHolcim Ltd operates as a building materials and solutions company in the Asia Pacific, Europe, Latin America, the Middle East, Africa, North America, and internationally. It operates in 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; ready-mix concrete, concrete products, asphalts, mortars, and other products and services; and construction and paving, and trading services.
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