Crh Plc (CRH) Reaches New 52-Week High at $31.66
Crh Plc (NYSE:CRH) shares reached a new 52-week high during mid-day trading on Thursday . The stock 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.
CRH has been the subject of several research reports. Bank of America Corp. raised Crh Plc from an “underperform” rating to a “neutral” rating in a research note on Monday, April 25th. Zacks Investment Research downgraded Crh Plc from a “buy” rating to a “hold” rating in a research note on Tuesday, May 10th. BNP Paribas reaffirmed an “outperform” rating on shares of Crh Plc in a research note on Tuesday, June 21st. Deutsche Bank AG reiterated a “hold” rating on shares of Crh Plc in a research report on Tuesday, May 31st. Finally, Beaufort Securities reiterated a “hold” rating on shares of Crh Plc in a research report on Thursday, April 28th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. Crh Plc presently has an average rating of “Hold” and a consensus target price of $25.00.
The firm has a market capitalization of $25.88 billion and a P/E ratio of 31.87. The company’s 50 day moving average is $29.53 and its 200-day moving average is $28.41.
An institutional investor recently raised its position in Crh Plc stock. Bank of Montreal Can raised its stake in Crh Plc (NYSE:CRH) by 6.3% during the fourth quarter, according to its most recent disclosure with the SEC. The firm 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 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.
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.