CRH PLC Stock Rating Reaffirmed by Liberum Capital (CRH)
CRH PLC (NYSE:CRH) traded down 1.77% on Tuesday, hitting $23.85. 209,074 shares of the company’s stock traded hands. CRH PLC has a one year low of $20.56 and a one year high of $30.06. The stock’s 50-day moving average is $24.72 and its 200-day moving average is $27.23. The company’s market cap is $17.487 billion. CRH PLC also was the target of a large decrease in short interest in July. As of July 31st, there was short interest totalling 337,360 shares, a decrease of 67.7% from the July 15th total of 1,043,641 shares. Based on an average daily volume of 393,643 shares, the short-interest ratio is presently 0.9 days. Currently, 0.0% of the shares of the company are sold short.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of CRH PLC in a research note on Monday, August 4th. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold”.
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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