CRH PLC Upgraded at Credit Suisse (CRH)
CRH PLC (NYSE:CRH) was upgraded by equities researchers at Credit Suisse from an “underperform” rating to an “outperform” rating in a research report issued on Thursday, TheFlyOnTheWall.com reports.
A number of other firms have also recently commented on CRH. Analysts at Deutsche Bank reiterated a “hold” rating on shares of CRH PLC in a research note on Friday, August 22nd. Separately, analysts at Sanford C. Bernstein upgraded shares of CRH PLC from an “underperform” rating to a “market perform” rating in a research note on Thursday, August 21st. Finally, analysts at Numis Securities Ltd upgraded shares of CRH PLC to a “hold” rating in a research note on Wednesday, August 20th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold”.
CRH PLC (NYSE:CRH) opened at 23.33 on Thursday. CRH PLC has a 52-week low of $21.05 and a 52-week high of $30.06. The stock has a 50-day moving average of $24.19 and a 200-day moving average of $27.09. The company’s market cap is $17.157 billion.
The company also recently declared a semiannual dividend, which is scheduled for Friday, October 31st. Stockholders of record on Friday, August 29th will be given a dividend of $0.2464 per share. This represents a yield of 2.14%. The ex-dividend date of this dividend is Wednesday, August 27th.
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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