CRH Plc Stock Rating Reaffirmed by Deutsche Bank (CRH)
CRH Plc (LON:CRH)‘s stock had its “hold” rating restated by equities research analysts at Deutsche Bank in a research note issued to investors on Friday, StockRatingsNetwork reports. They currently have a GBX 1,500 ($25.14) price objective on the stock. Deutsche Bank’s price target would suggest a potential downside of 9.18% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd raised their price target on shares of CRH Plc from GBX 1,200 ($20.11) to GBX 1,350 ($22.62) in a research note on Wednesday, January 15th. They now have a “reduce” rating on the stock. Analysts at Liberum Capital raised their price target on shares of CRH Plc from GBX 1,150 ($19.27) to GBX 1,630 ($27.32) in a research note on Friday, December 20th. They now have a “hold” rating on the stock. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of GBX 817.26 ($13.70).
CRH Plc (LON:CRH) opened at 1651.6897 on Friday. CRH Plc has a 52 week low of GBX 1230.1171 and a 52 week high of GBX 1670.0001. The stock’s 50-day moving average is GBX 1613. and its 200-day moving average is GBX 1522.18. The company’s market cap is £12.016 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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