CRH (NYSE:CRH) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday.

According to Zacks, “CRH plc manufactures cement, concrete products, aggregates, roofing, instulation and other building materials. Through its subsidiaries, the Company operates in Ireland, the United States, the United Kingdom, Spain, Germany and the Netherlands. “

CRH has been the topic of a number of other research reports. Jefferies Group began coverage on CRH in a research report on Wednesday, September 27th. They issued a “buy” rating on the stock. Morgan Stanley upgraded CRH from an “equal weight” rating to an “overweight” rating in a research report on Friday, November 17th. Finally, BidaskClub upgraded CRH from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 17th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $32.50.

Shares of CRH (NYSE:CRH) opened at $35.25 on Tuesday. CRH has a 52-week low of $32.44 and a 52-week high of $38.06. The company has a quick ratio of 1.10, a current ratio of 1.60 and a debt-to-equity ratio of 0.57.

A number of hedge funds and other institutional investors have recently modified their holdings of CRH. Legal & General Group Plc boosted its position in CRH by 1.1% in the first quarter. Legal & General Group Plc now owns 18,037 shares of the construction company’s stock valued at $634,000 after buying an additional 200 shares during the last quarter. Huntington National Bank boosted its position in CRH by 5.0% in the second quarter. Huntington National Bank now owns 2,842 shares of the construction company’s stock valued at $101,000 after buying an additional 135 shares during the last quarter. Grove Bank & Trust boosted its position in CRH by 69.3% in the 2nd quarter. Grove Bank & Trust now owns 4,910 shares of the construction company’s stock worth $174,000 after purchasing an additional 2,010 shares in the last quarter. Wetherby Asset Management Inc. boosted its position in CRH by 3.4% in the 2nd quarter. Wetherby Asset Management Inc. now owns 13,496 shares of the construction company’s stock worth $479,000 after purchasing an additional 447 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its position in CRH by 8.3% in the 2nd quarter. Advisors Asset Management Inc. now owns 144,457 shares of the construction company’s stock worth $5,124,000 after purchasing an additional 11,046 shares in the last quarter. Hedge funds and other institutional investors own 3.43% of the company’s stock.

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About CRH

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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