CRH PLC (NYSE:CRH)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $33.60 and last traded at $33.31, with a volume of 1,111,578 shares. The stock had previously closed at $32.88.

A number of equities research analysts recently issued reports on the company. Deutsche Bank AG reissued a “hold” rating on shares of CRH PLC in a research note on Tuesday, May 31st. Zacks Investment Research lowered CRH PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, May 10th. Beaufort Securities reissued a “hold” rating on shares of CRH PLC in a research note on Thursday, April 28th. Bank of America Corp. raised CRH PLC from an “underperform” rating to a “neutral” rating in a research note on Monday, April 25th. Finally, BNP Paribas reissued an “outperform” rating on shares of CRH PLC in a research note on Tuesday, June 21st. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $25.00.

The stock has a market capitalization of $27.72 billion and a price-to-earnings ratio of 33.97. The firm’s 50 day moving average price is $30.12 and its 200 day moving average price is $28.66.

A hedge fund recently raised its stake in CRH PLC stock. Morgan Stanley increased its position in shares of CRH PLC (NYSE:CRH) by 5.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,043,523 shares of the company’s stock after buying an additional 53,893 shares during the period. Morgan Stanley owned approximately 0.13% of CRH PLC worth $30,075,000 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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