CRH PLC (UK) Receives “Reduce” Rating from Numis Securities Ltd (CRH)
CRH PLC (UK) (LON:CRH)‘s stock had its “reduce” rating reiterated by equities research analysts at Numis Securities Ltd in a research note issued to investors on Thursday, Analyst Ratings Net reports. They currently have a GBX 1,550 ($26.03) price target on the stock. Numis Securities Ltd’s price target suggests a potential downside of 10.76% from the stock’s previous close.
Shares of CRH PLC (LON:CRH) opened at 1744.00 on Thursday. CRH PLC has a one year low of GBX 1230.1171 and a one year high of GBX 1811.00. The stock’s 50-day moving average is GBX 1692. and its 200-day moving average is GBX 1582.. The company’s market cap is £12.787 billion.
CRH has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of CRH PLC (UK) in a research note on Friday, April 4th. They now have a GBX 1,500 ($25.19) price target on the stock. Five research analysts have rated the stock with a sell rating, five have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. CRH PLC (UK) presently has an average rating of “Hold” and an average price target of GBX 896.35 ($15.05).
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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