CRH PLC Receives Average Recommendation of “Hold” from Brokerages (NYSE:CRH)
Shares of CRH PLC (NYSE:CRH) have earned a consensus recommendation of “Hold” from the fourteen brokerages that are currently covering the stock, Stock Ratings Network.com reports. Two investment analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and three have given a buy recommendation to the company.
CRH PLC (NYSE:CRH) opened at 23.79 on Thursday. CRH PLC has a 1-year low of $21.98 and a 1-year high of $30.06. The stock’s 50-day moving average is $23.88 and its 200-day moving average is $26.98. The company’s market cap is $17.495 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.
A number of research firms have recently commented on CRH. Analysts at HSBC upgraded shares of CRH PLC from an “underweight” rating to a “neutral” rating in a research note on Wednesday. Separately, analysts at BNP Paribas downgraded shares of CRH PLC to an “underperform” rating in a research note on Tuesday. Finally, analysts at Goldman Sachs upgraded shares of CRH PLC from a “neutral” rating to a “buy” rating in a research note on Friday, August 29th.
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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