CRH PLC (NYSE:CRH) shares saw strong trading volume on Thursday . 624,603 shares changed hands during trading, a decline of 5% from the previous session’s volume of 656,233 shares.The stock last traded at $33.54 and had previously closed at $33.46.

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

The firm’s 50-day moving average price is $30.26 and its 200 day moving average price is $28.71. The firm has a market cap of $27.23 billion and a price-to-earnings ratio of 33.43.

A hedge fund recently raised its stake in CRH PLC stock. Morgan Stanley boosted its position in shares of CRH PLC (NYSE:CRH) by 5.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,043,523 shares of the company’s stock after buying an additional 53,893 shares during the period. Morgan Stanley owned 0.13% of CRH PLC worth $30,075,000 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.