CRH PLC (UK) Upgraded to “Hold” by Numis Securities Ltd (CRH)
CRH PLC (UK) (LON:CRH) was upgraded by stock analysts at Numis Securities Ltd to a “hold” rating in a report issued on Wednesday. The firm currently has a GBX 1,550 ($25.91) target price on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 7.80% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank cut their price target on shares of CRH PLC (UK) from GBX 1,500 ($25.08) to GBX 1,450 ($24.24) in a research note on Wednesday. They now have a “hold” rating on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of CRH PLC (UK) in a research note on Tuesday. They now have a GBX 1,790 ($29.92) price target on the stock. One investment analyst has rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 1,573.33 ($26.30).
CRH PLC (LON:CRH) opened at 1401.00 on Wednesday. CRH PLC has a 52-week low of GBX 1314.00 and a 52-week high of GBX 1811.00. The stock has a 50-day moving average of GBX 1448.56 and a 200-day moving average of GBX 1614.. The company’s market cap is £10.272 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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