Crh Plc (CRH) Earns “Hold” Rating from Deutsche Bank AG
Several other equities research analysts also recently issued reports on the company. Numis Securities Ltd reissued an add rating and issued a GBX 3,170 ($42.74) price objective on shares of Crh Plc in a research note on Friday. Societe Generale reissued a buy rating and issued a GBX 3,400 ($45.84) price objective on shares of Crh Plc in a research note on Friday. UBS AG set a GBX 3,100 ($41.80) price objective on Crh Plc and gave the stock a buy rating in a research note on Wednesday, August 30th. Berenberg Bank reduced their price objective on Crh Plc from GBX 3,460 ($46.65) to GBX 3,430 ($46.25) and set a buy rating for the company in a research note on Tuesday, August 29th. Finally, Beaufort Securities reissued a buy rating and issued a GBX 3,200 ($43.14) price objective (up from GBX 3,100 ($41.80)) on shares of Crh Plc in a research note on Friday, August 25th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Crh Plc currently has an average rating of Buy and an average price target of GBX 3,250.29 ($43.82).
Shares of Crh Plc (LON CRH) opened at 2721.00 on Thursday. The company’s market capitalization is GBX 22.70 billion. The firm’s 50-day moving average price is GBX 2,682.32 and its 200 day moving average price is GBX 2,771.59. Crh Plc has a 1-year low of GBX 2,297.70 and a 1-year high of GBX 3,342.00.
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The company also recently declared a dividend, which will be paid on Friday, November 3rd. Stockholders of record on Thursday, September 7th will be paid a dividend of €0.19 ($0.23) per share. This represents a dividend yield of 0.63%. The ex-dividend date is Thursday, September 7th.
About Crh Plc
CRH public limited company (CRH plc) is a building materials company. The Company’s segments include Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products, Americas Distribution and Asia. Europe Heavyside segment is engaged in the manufacturing and supply of aggregates, asphalt, cement, readymixed and precast concrete and landscaping products.
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