Holcim stock: Jefferies keeps CHF 73.50 target for Holcim stock

Published on 10/19/2026 at 16:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Holcim's first-half recurring EBIT grew 11.50 percent organically. Holcim stock costs EUR 69.15 on October 19, 2026, minus 0.25 percent versus the Xetra close.

Analyst view and market measures

On October 2, 2026, Jefferies analyst Glynis Johnson maintained a Hold rating and set a CHF 73.50 target.
In the first half of 2026, recurring EBIT grew 11.50 percent organically.
Holcim stock costs EUR 69.15 at Lang & Schwarz on October 19, 2026 at 4:10 p.m. CEST, minus 0.25 percent versus the Xetra close of October 16, 2026.
Holcim's price-to-earnings ratio was 60.91 and its market capitalization was CHF 35.4 billion on October 19, 2026.

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Jefferies analyst Glynis Johnson maintained a Hold rating on Holcim and set a CHF 73.50 price target on October 2, 2026, according to Markets Insider. The target stands 14.84 percent above Holcim's CHF 64.00 SIX price on October 19, 2026. Holcim stock was trading at EUR 69.15 at Lang & Schwarz on October 19, 2026 at 4:10 p.m. CEST, minus 0.25 percent versus the Xetra close of October 16, 2026 at EUR 69.32.

Recurring EBIT growth reached 11.50 percent

Holcim's operating momentum provides the main counterweight to the cautious Hold rating. In the first half of 2026, organic net sales growth reached 5.20 percent and recurring EBIT growth reached 11.50 percent, according to the company's first-half earnings-call transcript published on July 31, 2026 and carried by Yahoo Finance. The same transcript said Holcim upgraded its full-year 2026 outlook to the high end of its 5.00 percent organic net sales growth and 10.00 percent organic recurring EBIT growth targets.

CHF 64.00 sits above the yearly low

Holcim's SIX quote was CHF 64.00 on October 19, 2026 at 4:07 p.m. CEST. The 52-week range was CHF 60.10 to CHF 82.54, placing the price 6.49 percent above the low and 22.46 percent below the high. Volume stood at 352,798 shares against an average of 1,020,707 shares.

Valuation and the next reporting date

Holcim had a market capitalization of CHF 35.4 billion and a price-to-earnings ratio of 60.91 on October 19, 2026. The investor calendar lists the third-quarter trading update for October 23, 2026, with an analyst webcast at 10:00 a.m. CEST, according to Holcim.

Comparison with peers

Holcim (SIX, CHF): minus 0.25 percent, price-to-earnings ratio 60.91, market capitalization CHF 35.4 billion.
Heidelberg Materials (Xetra, EUR): minus 1.11 percent, price-to-earnings ratio 15.45, market capitalization EUR 25.1 billion.
CRH (NYSE, USD): minus 0.49 percent, price-to-earnings ratio 14.69, market capitalization USD 55.4 billion.

Price stays above the yearly low

For investors, the contrast is clear: Holcim's first-half recurring EBIT growth was stronger than its share-price performance on October 19, 2026, while the valuation multiple remained well above the two selected peers. The stock was trading at EUR 69.15 at Lang & Schwarz on October 19, 2026 at 4:10 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Holcim stock.