Crh Plc (CRH) Given Consensus Recommendation of “Hold” by Analysts
Crh Plc (NYSE:CRH) has been assigned a consensus recommendation of “Hold” from the eight ratings firms that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating on the company.
Separately, Bank of America Corporation upgraded shares of Crh Plc from a “neutral” rating to a “buy” rating in a research report on Friday, April 21st.
ILLEGAL ACTIVITY WARNING: “Crh Plc (CRH) Given Consensus Recommendation of “Hold” by Analysts” was posted by American Banking News and is the sole property of of American Banking News. If you are viewing this news story on another domain, it was copied illegally and reposted in violation of US and international copyright legislation. The original version of this news story can be viewed at https://www.americanbankingnews.com/2017/07/18/crh-plc-crh-given-consensus-recommendation-of-hold-by-analysts.html.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Parametric Portfolio Associates LLC raised its position in Crh Plc by 25.6% in the first quarter. Parametric Portfolio Associates LLC now owns 559,914 shares of the construction company’s stock worth $19,692,000 after buying an additional 114,087 shares during the period. Garde Capital Inc. purchased a new position in Crh Plc during the fourth quarter worth about $244,000. Capstone Asset Management Co. raised its position in Crh Plc by 10.4% in the first quarter. Capstone Asset Management Co. now owns 85,223 shares of the construction company’s stock worth $2,997,000 after buying an additional 8,020 shares during the period. Renaissance Technologies LLC purchased a new position in Crh Plc during the fourth quarter worth about $5,604,000. Finally, Wetherby Asset Management Inc. raised its position in Crh Plc by 14.0% in the first quarter. Wetherby Asset Management Inc. now owns 13,049 shares of the construction company’s stock worth $459,000 after buying an additional 1,606 shares during the period. Institutional investors own 4.47% of the company’s stock.
Crh Plc (NYSE:CRH) traded down 0.89% during trading on Tuesday, hitting $35.75. 227,371 shares of the stock traded hands. The stock has a market cap of $29.76 billion, a P/E ratio of 20.96 and a beta of 0.97. Crh Plc has a 52-week low of $29.18 and a 52-week high of $38.04. The company’s 50 day moving average price is $36.05 and its 200-day moving average price is $35.41.
About Crh Plc
CRH public limited company (CRH plc) is a building materials company. The Company’s segments include Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products, Americas Distribution and Asia. Europe Heavyside segment is engaged in the manufacturing and supply of aggregates, asphalt, cement, readymixed and precast concrete and landscaping products.
Receive News & Ratings for Crh Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crh Plc and related companies with MarketBeat.com's FREE daily email newsletter.