CRH PLC (UK) Receives Consensus Recommendation of “Hold” from Brokerages (LON:CRH)
Shares of CRH PLC (UK) (LON:CRH) have earned an average rating of “Hold” from the nine ratings firms that are presently covering the stock, StockRatingsNetwork.com reports. Two equities research analysts have rated the stock with a sell recommendation and seven have issued a hold recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 1,581.67 ($26.61).
CRH has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of CRH PLC (UK) in a research note on Friday, July 25th. They now have a GBX 1,500 ($25.24) price target on the stock. Separately, analysts at Cantor Fitzgerald Europe raised their price target on shares of CRH PLC (UK) from GBX 1,400 ($23.56) to GBX 1,550 ($26.08) in a research note on Thursday, July 24th. They now have a “hold” rating on the stock.
Shares of CRH PLC (LON:CRH) opened at 1344.00 on Wednesday. CRH PLC has a 1-year low of GBX 1314.00 and a 1-year high of GBX 1811.00. The stock has a 50-day moving average of GBX 1479. and a 200-day moving average of GBX 1624.. The company’s market cap is £9.854 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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