Crh Plc (CRH) Shares Gap Up to $31.01
Crh Plc (NYSE:CRH) gapped up before the market opened on Wednesday . The stock had previously closed at $30.95, but opened at $31.01. Crh Plc shares last traded at $31.31, with a volume of 393,410 shares.
A number of research firms recently weighed in on CRH. Beaufort Securities reissued a “hold” rating on shares of Crh Plc in a research report on Thursday, April 28th. Deutsche Bank AG reaffirmed a “hold” rating on shares of Crh Plc in a report on Tuesday, May 31st. Zacks Investment Research downgraded Crh Plc from a “buy” rating to a “hold” rating in a report on Tuesday, May 10th. BNP Paribas reaffirmed an “outperform” rating on shares of Crh Plc in a report on Tuesday, June 21st. Finally, Bank of America Corp. raised Crh Plc from an “underperform” rating to a “neutral” rating in a report on Monday, April 25th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Crh Plc presently has a consensus rating of “Hold” and an average price target of $25.00.
The stock’s 50-day moving average price is $29.53 and its 200-day moving average price is $28.41. The stock has a market capitalization of $25.78 billion and a P/E ratio of 31.75.
An institutional investor recently raised its position 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 filing with the SEC. The institutional investor owned 585,304 shares of the company’s stock after buying an additional 34,936 shares during the period. Bank of Montreal Can owned approximately 0.07% of Crh Plc worth $16,869,000 as of its most recent filing with the SEC.
CRH plc manufactures and distributes a range of products servicing the construction needs, from the fundamentals of heavy materials and elements to construct the frame, through exterior products that complete the building envelope, to distribution channels, which service construction fit-out and renewal.
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