CRH PLC (UK) Price Target Increased to GBX 2,000 by Analysts at UBS AG (CRH)
Research analysts at UBS AG increased their price objective on shares of CRH PLC (UK) (LON:CRH) from GBX 1,740 ($28.94) to GBX 2,000 ($33.26) in a report released on Wednesday, Analyst Ratings Network reports. The firm currently has a “buy” rating on the stock. UBS AG’s target price points to a potential upside of 14.09% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Societe Generale raised their price target on shares of CRH PLC (UK) from GBX 1,270 ($21.12) to GBX 1,400 ($23.28) in a research note on Wednesday. They now have a “sell” rating on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of CRH PLC (UK) in a research note on Friday, February 21st. They now have a GBX 1,700 ($28.27) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of CRH PLC (UK) in a research note on Friday, February 21st. They now have a GBX 1,500 ($24.95) price target on the stock. Five equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. CRH PLC (UK) has an average rating of “Hold” and a consensus price target of GBX 921.66 ($15.33).
CRH PLC (LON:CRH) traded down 2.07% during mid-day trading on Wednesday, hitting GBX 1751.00. 2,525,101 shares of the company’s stock traded hands. CRH PLC has a 52-week low of GBX 1230.1171 and a 52-week high of GBX 1684.00. The stock’s 50-day moving average is GBX 1630. and its 200-day moving average is GBX 1530.. The company’s market cap is £12.739 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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