Crh Plc (LON:CRH) Receives Average Recommendation of “Hold” from Analysts

Crh Plc (LON:CRH) has been assigned a consensus recommendation of “Hold” from the seven research firms that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 3,197 ($42.05).

A number of research analysts have commented on CRH shares. Bank of America set a GBX 3,100 ($40.78) price target on shares of CRH and gave the stock a “buy” rating in a research note on Thursday, October 3rd. Societe Generale raised their price target on shares of CRH from GBX 3,200 ($42.09) to GBX 3,600 ($47.36) and gave the stock a “buy” rating in a research note on Thursday, November 28th. Finally, UBS Group restated a “buy” rating and set a GBX 3,300 ($43.41) price target on shares of CRH in a research note on Tuesday, December 10th.

CRH traded down GBX 15 ($0.20) during midday trading on Friday, reaching GBX 2,952 ($38.83). 1,399,069 shares of the company’s stock were exchanged, compared to its average volume of 2,020,000. The firm has a market capitalization of $23.31 billion and a price-to-earnings ratio of 7.14. The company has a quick ratio of 0.91, a current ratio of 1.35 and a debt-to-equity ratio of 72.39. CRH has a one year low of GBX 2,107 ($27.72) and a one year high of GBX 3,116 ($40.99). The business has a 50-day simple moving average of GBX 3,008.93 and a two-hundred day simple moving average of GBX 2,797.40.

About CRH

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

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Analyst Recommendations for CRH (LON:CRH)

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