CRH PLC (CRH) Hits New 52-Week High at $31.66
CRH PLC (NYSE:CRH)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $31.66 and last traded at $31.53, with a volume of 999,568 shares traded. The stock had previously closed at $31.34.
A number of equities analysts have recently issued reports on the company. BNP Paribas reissued an “outperform” rating on shares of CRH PLC in a research note on Tuesday, June 21st. Deutsche Bank AG restated a “hold” rating on shares of CRH PLC in a report on Tuesday, May 31st. Zacks Investment Research cut CRH PLC from a “buy” rating to a “hold” rating in a report on Tuesday, May 10th. Beaufort Securities restated a “hold” rating on shares of CRH PLC in a report on Thursday, April 28th. Finally, Bank of America Corp. upgraded CRH PLC from an “underperform” rating to a “neutral” rating in a report on Monday, April 25th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. CRH PLC presently has an average rating of “Hold” and a consensus price target of $25.00.
The company has a market cap of $26.17 billion and a PE ratio of 32.23. The company’s 50 day moving average price is $29.58 and its 200 day moving average price is $28.47.
An institutional investor recently raised its position in CRH PLC stock. Bank of Montreal Can increased its position in shares of CRH PLC (NYSE:CRH) by 6.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. 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 about 0.07% of CRH PLC worth $16,869,000 as of its most recent SEC filing.
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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