CRH PLC Raised to “Buy” at Goldman Sachs (CRH)
CRH PLC (NYSE:CRH) opened at 23.77 on Friday. CRH PLC has a 1-year low of $21.15 and a 1-year high of $30.06. The stock’s 50-day moving average is $24.13 and its 200-day moving average is $27.07. The company’s market cap is $17.480 billion.
The company also recently declared a semiannual dividend, which is scheduled for Friday, October 31st. Shareholders 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.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse upgraded shares of CRH PLC from an “underperform” rating to an “outperform” rating in a research note on Thursday. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of CRH PLC in a research note on Friday, August 22nd. Finally, 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. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the stock. The company 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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