CRH Plc Rating Reiterated by Deutsche Bank (CRH)
CRH Plc (LON:CRH)‘s stock had its “buy” rating restated by investment analysts at Deutsche Bank in a note issued to investors on Monday, Analyst Ratings News reports. They currently have a GBX 1,500 ($23.95) price target on the stock. Deutsche Bank’s price target suggests a potential downside of 2.60% from the company’s current price.
Shares of CRH Plc (LON:CRH) traded up 2.53% during mid-day trading on Monday, hitting GBX 1540.00. The stock had a trading volume of 1,604,435 shares. CRH Plc has a 1-year low of GBX 1088.00 and a 1-year high of GBX 1554.00. The stock’s 50-day moving average is GBX 209.4 and its 200-day moving average is GBX 158.4. The company’s market cap is £11.204 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “hold” rating on shares of CRH Plc in a research note to investors on Friday, August 23rd. They now have a GBX 1,150 ($18.36) price target on the stock. Separately, analysts at UBS AG reiterated a “neutral” rating on shares of CRH Plc in a research note to investors on Thursday, August 22nd. They now have a GBX 1,330 ($21.23) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “reduce” rating on shares of CRH Plc in a research note to investors on Wednesday, August 21st. They now have a GBX 1,200 ($19.16) price target on the stock. Four analysts have rated the stock with a sell rating, five have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 634.25 ($10.13).
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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