Crh Plc (CRH) Shares Gap Down to $29.93
Crh Plc (NYSE:CRH)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $29.70, but opened at $29.93. Crh Plc shares last traded at $30.21, with a volume of 257,537 shares traded.
A number of research firms have recently weighed in on CRH. BNP Paribas restated an “outperform” rating on shares of Crh Plc in a research report on Tuesday, June 21st. Deutsche Bank AG restated a “hold” rating on shares of Crh Plc in a research report on Tuesday, May 31st. Zacks Investment Research lowered shares of Crh Plc from a “buy” rating to a “hold” rating in a research report on Tuesday, May 10th. Beaufort Securities restated a “hold” rating on shares of Crh Plc in a research report on Thursday, April 28th. Finally, Bank of America Corp. upgraded shares of Crh Plc from an “underperform” rating to a “neutral” rating in a research report on Monday, April 25th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $25.00.
The stock has a 50-day moving average of $29.27 and a 200-day moving average of $28.11. The company has a market cap of $24.97 billion and a P/E ratio of 31.03.
A hedge fund recently raised its stake in Crh Plc stock. Bank of Montreal Can increased its stake in shares of Crh Plc (NYSE:CRH) by 6.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 585,304 shares of the company’s stock after buying an additional 34,936 shares during the period. Bank of Montreal Can owned 0.07% of Crh Plc worth $16,869,000 at the end of the most recent reporting 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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