Kepler Capital analyst Prieto Luis maintained a Buy rating on Holcim (0QKY – Research Report) on June 20 and set a price target of CHF112.00. The company’s shares closed last Friday at CHF41.60.
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Luis covers the Industrials sector, focusing on stocks such as Ferrovial, Heidelberg Materials, and Sacyr SA. According to TipRanks, Luis has an average return of 14.6% and a 74.55% success rate on recommended stocks.
In addition to Kepler Capital , Holcim also received a Buy from Barclays’s Tom Zhang in a report issued on June 10. However, on June 17, RBC Capital maintained a Hold rating on Holcim (LSE: 0QKY).
Based on Holcim’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of CHF6.41 billion and a net profit of CHF609 million. In comparison, last year the company earned a revenue of CHF6.53 billion and had a net profit of CHF626 million
Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0QKY in relation to earlier this year.
Read More on GB:0QKY:
- Holcim price target raised to CHF 99 from CHF 95 at RBC Capital
- Holcim upgraded to Overweight from Underweight at Barclays
- Holcim Expands into Canadian Precast Concrete Market with Langley Acquisition
- Holcim Announces Spin-Off of North American Business Amrize
- Holcim Launches OLYMPUS Project for Near-Zero Cement in Greece