CRH PLC (UK) Rating Reiterated by Deutsche Bank (CRH)
CRH PLC (UK) (LON:CRH)‘s stock had its “hold” rating reiterated by equities researchers at Deutsche Bank in a research report issued on Tuesday. They currently have a GBX 1,500 ($25.53) price objective on the stock. Deutsche Bank’s target price would suggest a potential downside of 3.41% from the company’s current price.
Shares of CRH PLC (LON:CRH) traded down 1.65% on Tuesday, hitting GBX 1553.00. 1,956,629 shares of the company’s stock traded hands. CRH PLC has a 1-year low of GBX 1253.00 and a 1-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 £11.387 billion.
CRH has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of CRH PLC (UK) in a research note on Monday. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of CRH PLC (UK) in a research note on Thursday, June 19th. They now have a GBX 1,790 ($30.46) price target on the stock. Finally, analysts at BNP Paribas downgraded shares of CRH PLC (UK) to a “neutral” rating in a research note on Tuesday, June 17th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 1,326.15 ($22.57).
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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