CRH PLC (UK) (CRH) Given Consensus Recommendation of “Hold” by Brokerages
CRH PLC (UK) (LON:CRH) has earned an average recommendation of “Hold” from the eight brokerages that are presently covering the firm. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokers that have covered the stock in the last year is GBX 2,495.17 ($30.88).
Several equities analysts have recently weighed in on the stock. BNP Paribas reaffirmed an “outperform” rating on shares of CRH PLC (UK) in a report on Tuesday, June 21st. Beaufort Securities reaffirmed a “hold” rating on shares of CRH PLC (UK) in a report on Friday, August 26th. Deutsche Bank AG cut their target price on shares of CRH PLC (UK) from GBX 1,993 ($24.67) to GBX 1,991 ($24.64) and set a “hold” rating for the company in a report on Monday, July 4th. Numis Securities Ltd lowered shares of CRH PLC (UK) from an “add” rating to a “hold” rating and set a GBX 2,800 ($34.65) target price for the company. in a report on Friday, August 26th. Finally, Bank of America Corp. lifted their target price on shares of CRH PLC (UK) from GBX 2,500 ($30.94) to GBX 2,600 ($32.18) and gave the company a “neutral” rating in a report on Wednesday, September 14th.
CRH PLC (LON:CRH) traded up 1.71% during trading on Friday, reaching GBX 2676.00. 1,236,878 shares of the company’s stock traded hands. The company has a 50-day moving average price of GBX 2,561.65 and a 200 day moving average price of GBX 2,233.97. The firm’s market capitalization is GBX 22.08 billion. CRH PLC has a one year low of GBX 1,581.00 and a one year high of GBX 2,724.00.
CRH PLC (UK) Company Profile
CRH plc manufactures and distributes a range of products servicing the construction needs, from the fundamentals of heavy materials and elements to construct the frame, through exterior products that complete the building envelope, to distribution channels, which service construction fit-out and renewal.
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