UBS AG Reiterates GBX 3,100 Price Target for Crh Plc (CRH)
UBS AG set a GBX 3,100 ($40.76) price target on Crh Plc (LON:CRH) in a research report released on Tuesday, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
A number of other equities research analysts have also weighed in on CRH. Jefferies Group LLC began coverage on shares of Crh Plc in a report on Wednesday, September 27th. They issued a buy rating and a GBX 3,190 ($41.94) price objective on the stock. Deutsche Bank AG restated a hold rating on shares of Crh Plc in a report on Thursday, September 21st. Sanford C. Bernstein set a GBX 2,709 ($35.62) price objective on shares of Crh Plc and gave the company a neutral rating in a report on Thursday, July 6th. Numis Securities Ltd restated an add rating and issued a GBX 3,170 ($41.68) price objective on shares of Crh Plc in a report on Friday, September 22nd. Finally, Societe Generale restated a buy rating and issued a GBX 3,400 ($44.70) price objective on shares of Crh Plc in a report on Friday, September 22nd. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Crh Plc currently has an average rating of Buy and a consensus price target of GBX 3,242.75 ($42.63).
Crh Plc (LON CRH) opened at 2756.00 on Tuesday. Crh Plc has a 52 week low of GBX 2,297.70 and a 52 week high of GBX 3,342.00. The company’s market cap is GBX 23.00 billion. The company has a 50-day moving average of GBX 2,718.54 and a 200-day moving average of GBX 2,760.66.
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The business also recently declared a dividend, which will be paid on Friday, November 3rd. Investors of record on Thursday, September 7th will be paid a dividend of €0.19 ($0.23) per share. The ex-dividend date of this dividend is Thursday, September 7th. This represents a yield of 0.63%.
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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