Brokerages Set Crh Plc (CRH) PT at $2,902.50
Crh Plc (LON:CRH) has been assigned an average rating of “Hold” from the eight brokerages that are currently covering the company. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 2,902.50 ($37.47).
A number of brokerages have recently weighed in on CRH. Numis Securities Ltd raised their price objective on shares of Crh Plc from GBX 3,105 ($40.08) to GBX 3,170 ($40.92) and gave the company an “add” rating in a report on Thursday, March 2nd. Beaufort Securities raised shares of Crh Plc to a “buy” rating and set a GBX 3,100 ($40.02) target price on the stock in a research report on Thursday, March 2nd. Finally, Sanford C. Bernstein set a GBX 2,709 ($34.97) price objective on shares of Crh Plc and gave the stock a “neutral” rating in a research report on Friday, March 3rd.
Crh Plc (LON:CRH) traded up 0.79% during trading on Monday, reaching GBX 2795.00. The company had a trading volume of 664,698 shares. The firm’s market capitalization is GBX 23.27 billion. Crh Plc has a one year low of GBX 1,700.00 and a one year high of GBX 3,342.00. The firm’s 50-day moving average price is GBX 2,805.40 and its 200 day moving average price is GBX 2,771.34.
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In related news, insider Lucinda Riches bought 3,000 shares of the stock in a transaction that occurred on Thursday, March 16th. The stock was purchased at an average cost of GBX 2,843 ($36.70) per share, for a total transaction of £85,290 ($110,094.23).
Crh Plc Company Profile
CRH public limited company (CRH plc) is a building materials company. The Company’s segments include Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products, Americas Distribution and Asia. Europe Heavyside segment is engaged in the manufacturing and supply of aggregates, asphalt, cement, readymixed and precast concrete and landscaping products.
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