Crh Plc (CRH) Given Average Recommendation of “Buy” by Brokerages
Shares of Crh Plc (LON:CRH) have been given a consensus rating of “Buy” by the ten brokerages that are presently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is GBX 3,012.60 ($39.24).
A number of equities analysts have commented on the stock. Sanford C. Bernstein set a GBX 2,633 ($34.30) price objective on shares of CRH and gave the stock a “neutral” rating in a research report on Wednesday, September 5th. UBS Group set a GBX 3,140 ($40.90) price objective on shares of CRH and gave the stock a “buy” rating in a research report on Friday, August 17th. JPMorgan Chase & Co. restated a “top pick” rating on shares of CRH in a research report on Friday, September 7th. HSBC restated a “buy” rating on shares of CRH in a research report on Friday, August 17th. Finally, Numis Securities cut shares of CRH to a “hold” rating in a research note on Monday, June 4th.
CRH stock traded up GBX 1 ($0.01) on Friday, hitting GBX 2,438 ($31.76). The company’s stock had a trading volume of 1,240,343 shares, compared to its average volume of 2,020,000. CRH has a 1 year low of GBX 2,297.70 ($29.93) and a 1 year high of GBX 2,955 ($38.49).
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.
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