CRH Plc Rating Reiterated by Deutsche Bank (CRH)
CRH Plc (LON:CRH)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank in a report released on Monday, AnalystRatingsNetwork.com reports. They currently have a GBX 1,500 ($24.03) price objective on the stock. Deutsche Bank’s price target would indicate a potential upside of 0.54% from the company’s current price.
CRH has been the subject of a number of other recent research reports. Analysts at Liberum Capital reiterated a “hold” rating on shares of CRH Plc (LON:CRH) in a research note to investors on Friday, August 23rd. They now have a GBX 1,150 ($18.42) price target on the stock. Separately, analysts at UBS AG reiterated a “neutral” rating on shares of CRH Plc (LON:CRH) in a research note to investors on Thursday, August 22nd. They now have a GBX 1,330 ($21.30) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “reduce” rating on shares of CRH Plc (LON:CRH) in a research note to investors on Wednesday, August 21st. They now have a GBX 1,200 ($19.22) price target on the stock.
Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. CRH Plc has an average rating of “Hold” and a consensus target price of GBX 634.25 ($10.16).
CRH Plc (LON:CRH) traded down 1.65% during mid-day trading on Monday, hitting GBX 1492.00. 1,682,456 shares of the company’s stock traded hands. CRH Plc has a 52 week low of GBX 13.41 and a 52 week high of GBX 1526.80. The stock has a 50-day moving average of GBX 209.4 and a 200-day moving average of GBX 158.4. The company’s market cap is £10.854 billion.
CRH plc is a diversified building materials company, which manufactures and distributes building material products 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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