Zacks Investment Research upgraded shares of Lafargeholcim (OTCMKTS:HCMLY) from a sell rating to a hold rating in a research note issued to investors on Monday.
According to Zacks, “LafargeHolcim Limited is involved in building materials industry. The Company’s operating segment consists of Cement, Aggregates, Other construction materials and services and Corporate. Cement segment is involved in the development of cement and comprises cementitious materials. Aggregates business segment includes crushed stone, gravel and sand. Other construction materials and services segment comprises ready-mix concrete, concrete products, asphalt, construction and paving, and trading as well as environmental services, including waste management. Corporate segment is engaged in holding activities and general management. It operates primarily in Asia Pacific, Latin America, Europe, North America, Africa and Middle East regions. LafargeHolcim Limited, formerly known as Holcim Ltd, is headquartered in Jona, Switzerland. “
Other research analysts have also issued reports about the stock. Barclays lowered shares of Lafargeholcim from an overweight rating to an equal weight rating in a research report on Thursday, September 7th. restated a hold rating on shares of Lafargeholcim in a research report on Wednesday, November 1st. Jefferies Group began coverage on shares of Lafargeholcim in a research report on Wednesday, September 27th. They set a hold rating on the stock. Finally, ValuEngine upgraded shares of Lafargeholcim from a hold rating to a buy rating in a research report on Monday, December 4th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of Hold.
Lafargeholcim Company Profile
LafargeHolcim Ltd (LafargeHolcim) is a holding company operating in building materials industry. The Company’s segments include Asia Pacific, Latin America, Europe, North America and Middle East Africa. The Company has three product lines, such as Cement, which consists of clinker, cement and other cementitious materials; Aggregates, and Other construction materials and services, which consists of ready-mix concrete, concrete products, asphalt, construction and paving, trading and other products and services.
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