Crh Plc (CRH) Receives $37.00 Consensus Target Price from Brokerages
Crh Plc (NYSE:CRH) has received a consensus rating of “Hold” from the nine ratings firms that are currently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $37.00.
CRH has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of CRH from a “sell” rating to a “hold” rating in a research report on Tuesday, May 15th. JPMorgan Chase & Co. set a $37.00 price objective on shares of CRH and gave the company a “buy” rating in a research report on Wednesday, May 23rd. Finally, ValuEngine downgraded shares of CRH from a “hold” rating to a “sell” rating in a research report on Thursday, August 2nd.
CRH stock traded down $0.51 during midday trading on Friday, reaching $32.10. 477,089 shares of the company traded hands, compared to its average volume of 559,818. The company has a market cap of $27.36 billion, a price-to-earnings ratio of 12.84, a price-to-earnings-growth ratio of 1.91 and a beta of 0.91. CRH has a 12 month low of $31.97 and a 12 month high of $39.32. The company has a quick ratio of 1.17, a current ratio of 1.62 and a debt-to-equity ratio of 0.51.
CRH Company Profile
CRH plc, through its subsidiaries, manufactures and distributes building materials. It operates through six segments: Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products, and Asia. The company manufactures and supplies cement, aggregates, asphalt, lime, and readymixed concrete and concrete products; and construction accessories, network access and perimeter protection products, shutters and awnings, and architectural products.
Further Reading: Price to Earnings Ratio (PE), For Valuing Stocks
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