Research analysts at StockNews.com started coverage on shares of CRH (NYSE:CRH – Get Rating) in a note issued to investors on Thursday. The firm set a “strong-buy” rating on the construction company’s stock.
Several other equities research analysts also recently commented on CRH. Redburn Partners raised CRH from a “neutral” rating to a “buy” rating in a report on Tuesday, January 3rd. Credit Suisse Group dropped their target price on CRH from €50.00 ($53.76) to €48.00 ($51.61) and set an “outperform” rating on the stock in a report on Wednesday, November 23rd. Finally, JPMorgan Chase & Co. dropped their target price on CRH from €50.00 ($53.76) to €48.00 ($51.61) and set an “overweight” rating on the stock in a report on Thursday, December 8th. Six analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $48.00.
CRH Price Performance
CRH stock opened at $48.18 on Thursday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.67 and a quick ratio of 1.19. The business’s fifty day simple moving average is $47.05 and its two-hundred day simple moving average is $40.52. CRH has a 12 month low of $31.22 and a 12 month high of $52.20.
Institutional Inflows and Outflows
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)
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