CRH plc (NYSE:CRH – Get Rating) has received an average recommendation of “Buy” from the eight ratings firms that are currently covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $48.00.
Several brokerages recently commented on CRH. Redburn Partners upgraded shares of CRH from a “neutral” rating to a “buy” rating in a report on Tuesday, January 3rd. Credit Suisse Group decreased their target price on shares of CRH from €50.00 ($53.19) to €48.00 ($51.06) and set an “outperform” rating on the stock in a research report on Wednesday, November 23rd. Finally, JPMorgan Chase & Co. decreased their target price on shares of CRH from €50.00 ($53.19) to €48.00 ($51.06) and set an “overweight” rating on the stock in a research report on Thursday, December 8th.
CRH Trading Up 0.0 %
NYSE CRH opened at $51.68 on Tuesday. CRH has a 12 month low of $31.22 and a 12 month high of $52.08. The company has a current ratio of 1.67, a quick ratio of 1.19 and a debt-to-equity ratio of 0.36. The company’s 50 day simple moving average is $45.68 and its 200 day simple moving average is $39.94.
Institutional Investors Weigh In On CRH
CRH Plc manufactures and distributes building materials and products for the construction industry. It operates business through the following segments: Americas Materials, Europe Materials, and Building Products. The Americas Materials segment provides asphalt paving services and produces materials such as cement, aggregates, ready mixed concrete, and asphalt.
- Get a free copy of the StockNews.com research report on CRH (CRH)
- Go Where the Money Is. Here’s 3 Top Bank Dividend Stocks to Buy
- Another Catalyst For Mullen Automotive Stock
- Solar Tech-Services; Nextracker Should Be On Your Radar
- Is American Lithium a Safe Bet as Demand for Lithium Soars
- Highwoods Properties, High-quality Real Estate for a Discount
Receive News & Ratings for CRH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CRH and related companies with MarketBeat.com's FREE daily email newsletter.