Crh Plc (NYSE:CRH)’s share price gapped up prior to trading on Monday . The stock had previously closed at $27.84, but opened at $28.24. Crh Plc shares last traded at $28.86, with a volume of 354,986 shares changing hands.

Several equities analysts recently commented on CRH shares. JPMorgan Chase & Co. raised shares of Crh Plc from a “neutral” rating to an “overweight” rating in a research report on Wednesday, April 6th. Bank of America Corp. upgraded shares of Crh Plc from an “underperform” rating to a “neutral” rating in a research note on Monday, April 25th. Zacks Investment Research downgraded shares of Crh Plc from a “buy” rating to a “hold” rating in a research note on Tuesday, May 10th. Jefferies Group restated a “buy” rating on shares of Crh Plc in a research note on Wednesday, March 16th. Finally, BNP Paribas restated an “outperform” rating on shares of Crh Plc in a research note on Tuesday, June 21st. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $25.00.

The stock has a market cap of $23.67 billion and a price-to-earnings ratio of 29.33. The firm has a 50 day moving average price of $29.53 and a 200-day moving average price of $28.00.

A number of institutional investors recently made changes to their positions in CRH. World Asset Management Inc increased its position in shares of Crh Plc by 2.4% in the fourth quarter. World Asset Management Inc now owns 43,516 shares of the company’s stock valued at $1,254,000 after buying an additional 1,004 shares during the period. Bank of Montreal Can increased its position in shares of Crh Plc by 6.3% in the fourth quarter. Bank of Montreal Can now owns 585,304 shares of the company’s stock valued at $16,869,000 after buying an additional 34,936 shares during the period. Finally, Morgan Stanley increased its position in shares of Crh Plc by 5.4% in the fourth quarter. Morgan Stanley now owns 1,043,523 shares of the company’s stock valued at $30,075,000 after buying an additional 53,893 shares during the period.

CRH PLC is a building materials company. The Company manufactures and supplies a range of building materials and products ranging from the fundamentals of heavy materials and elements to construct the frame. As of December 31, 2013, the Company operated in approximately 34 countries in North America, Europe, and Asia.

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