CRH PLC (UK) Stock Rating Reaffirmed by Deutsche Bank (CRH)
CRH PLC (UK) (LON:CRH)‘s stock had its “hold” rating reaffirmed by equities researchers at Deutsche Bank in a research report issued on Monday. They currently have a GBX 1,500 ($25.68) target price on the stock. Deutsche Bank’s target price would suggest a potential upside of 1.15% from the company’s current price.
Shares of CRH PLC (LON:CRH) traded up 1.55% on Monday, hitting GBX 1506.00. 937,622 shares of the company’s stock traded hands. CRH PLC has a 1-year low of GBX 1311.00 and a 1-year high of GBX 1811.00. The stock’s 50-day moving average is GBX 1609. and its 200-day moving average is GBX 1645.. The company’s market cap is £11.042 billion.
Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of CRH PLC (UK) in a research note on Wednesday, July 9th. Finally, 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 ($30.65) price target on the stock. Three research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. The company has a consensus rating of “Hold” and a consensus price target of GBX 1,588 ($27.19).
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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