BNP Paribas restated their neutral rating on shares of CRH (NYSE:CRH) in a research note released on Wednesday, MarketBeat Ratings reports.

Several other equities research analysts have also commented on the stock. Bank of America reissued a buy rating on shares of CRH in a report on Friday, August 31st. ValuEngine lowered shares of CRH from a hold rating to a sell rating in a report on Thursday, August 2nd. Finally, Exane BNP Paribas lowered shares of CRH from an outperform rating to a neutral rating in a report on Wednesday. One analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. The company has a consensus rating of Hold and an average price target of $38.50.

NYSE CRH traded down $0.50 on Wednesday, hitting $28.46. The company had a trading volume of 103,316 shares, compared to its average volume of 708,049. The firm has a market cap of $24.29 billion, a PE ratio of 11.34 and a beta of 0.93. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.93 and a current ratio of 1.35. CRH has a 12-month low of $26.58 and a 12-month high of $39.32.

Institutional investors and hedge funds have recently made changes to their positions in the business. Point72 Asset Management L.P. boosted its position in shares of CRH by 11.0% during the 3rd quarter. Point72 Asset Management L.P. now owns 116,700 shares of the construction company’s stock valued at $3,818,000 after acquiring an additional 11,600 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of CRH during the 3rd quarter valued at about $15,553,000. Deutsche Bank AG boosted its position in shares of CRH by 551,608.5% during the 3rd quarter. Deutsche Bank AG now owns 452,401 shares of the construction company’s stock valued at $14,801,000 after acquiring an additional 452,319 shares during the last quarter. Jefferies Group LLC acquired a new position in shares of CRH during the 3rd quarter valued at about $1,026,000. Finally, Assetmark Inc. boosted its position in shares of CRH by 3.7% during the 3rd quarter. Assetmark Inc. now owns 105,096 shares of the construction company’s stock valued at $3,439,000 after acquiring an additional 3,780 shares during the last quarter. 4.57% of the stock is currently owned by institutional investors.

About CRH

CRH plc, through its subsidiaries, manufactures and distributes building materials. It operates through six segments: Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products, and Asia. The company manufactures and supplies cement, aggregates, asphalt, lime, and readymixed concrete and concrete products; and construction accessories, network access and perimeter protection products, shutters and awnings, and architectural products.

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Analyst Recommendations for CRH (NYSE:CRH)

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