Seymour Pierce Reiterates “Hold” Rating for CRH Plc (CRH)
CRH Plc (LON:CRH)‘s stock had its “hold” rating reaffirmed by analysts at Seymour Pierce in a research report issued to clients and investors on Tuesday, Analyst Ratings Network reports. They currently have a GBX 1,400 ($22.65) price objective on the stock. Seymour Pierce’s target price would indicate a potential downside of 8.02% from the company’s current price.
A number of other analysts have also recently weighed in on CRH. Analysts at Cantor Fitzgerald raised their price target on shares of CRH Plc from GBX 1,200 ($19.41) to GBX 1,400 ($22.65) in a research note to investors on Friday. They now have a “hold” rating on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of CRH Plc in a research note to investors on Monday, October 14th. They now have a GBX 1,150 ($18.61) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of CRH Plc in a research note to investors on Monday, October 14th. They now have a GBX 1,500 ($24.27) price target on the stock. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. CRH Plc has an average rating of “Hold” and an average price target of GBX 752.06 ($12.17).
Shares of CRH Plc (LON:CRH) traded up 0.33% on Tuesday, hitting GBX 1518.00. 619,964 shares of the company’s stock traded hands. CRH Plc has a 52 week low of GBX 1090.00 and a 52 week high of GBX 1582.00. The stock’s 50-day moving average is GBX 1477.68 and its 200-day moving average is GBX 1403.. The company’s market cap is £11.043 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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