CRH (LON:CRH) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

CRH (LON:CRH) had its price objective raised by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 8,682 to £103.86 in a note issued to investors on Wednesday,Digital Look reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 15.43% from the company’s current price.

CRH Stock Performance

CRH stock opened at GBX 8,998 on Wednesday. The stock has a 50-day simple moving average of GBX 8,143.18 and a 200 day simple moving average of GBX 7,321.24. The stock has a market capitalization of £60.42 billion, a price-to-earnings ratio of 1,886.37, a P/E/G ratio of 1.91 and a beta of 1.38. The company has a quick ratio of 1.37, a current ratio of 1.39 and a debt-to-equity ratio of 70.88. CRH has a 12-month low of GBX 5,748 and a 12-month high of GBX 9,094.

CRH Company Profile

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.