Analysts Set CRH PLC (UK) (CRH) Price Target at $2,495.17
CRH PLC (UK) (LON:CRH) has been assigned an average recommendation of “Hold” from the eight ratings firms that are presently covering the company. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 2,495.17 ($30.88).
A number of research firms recently issued reports on CRH. Deutsche Bank AG reduced their price objective on CRH PLC (UK) from GBX 1,993 ($24.67) to GBX 1,991 ($24.64) and set a “hold” rating for the company in a research report on Monday, July 4th. Bank of America Corp. lifted their price objective on CRH PLC (UK) from GBX 2,500 ($30.94) to GBX 2,600 ($32.18) and gave the company a “neutral” rating in a research report on Wednesday, September 14th. Beaufort Securities reissued a “hold” rating on shares of CRH PLC (UK) in a research report on Friday, August 26th. Numis Securities Ltd cut CRH PLC (UK) from an “add” rating to a “hold” rating and set a GBX 2,800 ($34.65) price objective for the company. in a research report on Friday, August 26th. Finally, BNP Paribas reissued an “outperform” rating and set a GBX 2,900 ($35.89) price objective on shares of CRH PLC (UK) in a research report on Thursday, June 30th.
CRH PLC (LON:CRH) opened at 2674.4668 on Friday. The stock’s market cap is GBX 22.07 billion. The company has a 50-day moving average price of GBX 2,567.24 and a 200-day moving average price of GBX 2,237.01. CRH PLC has a one year low of GBX 1,581.00 and a one year high of GBX 2,724.00.
About CRH PLC (UK)
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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