Crh Plc (CRH) Receives Consensus Rating of “Hold” from Brokerages
Crh Plc (NYSE:CRH) has been given an average rating of “Hold” by the nine brokerages that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company.
Several equities research analysts recently weighed in on the stock. BidaskClub cut shares of Crh Plc from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Bank of America Corporation upgraded shares of Crh Plc from a “neutral” rating to a “buy” rating in a research note on Friday, April 21st.
COPYRIGHT VIOLATION WARNING: “Crh Plc (CRH) Receives Consensus Rating of “Hold” from Brokerages” was reported by American Banking News and is the property of of American Banking News. If you are reading this news story on another domain, it was illegally copied and republished in violation of United States and international trademark & copyright law. The correct version of this news story can be read at https://www.americanbankingnews.com/2017/08/12/crh-plc-crh-receives-consensus-rating-of-hold-from-brokerages.html.
Hedge funds and other institutional investors have recently made changes to their positions in the company. Dorsey Wright & Associates boosted its position in shares of Crh Plc by 40.7% in the first quarter. Dorsey Wright & Associates now owns 46,957 shares of the construction company’s stock worth $1,651,000 after buying an additional 13,594 shares in the last quarter. US Bancorp DE boosted its position in shares of Crh Plc by 3.0% in the first quarter. US Bancorp DE now owns 47,672 shares of the construction company’s stock worth $1,677,000 after buying an additional 1,394 shares in the last quarter. Princeton Alpha Management LP boosted its position in shares of Crh Plc by 7.7% in the first quarter. Princeton Alpha Management LP now owns 9,477 shares of the construction company’s stock worth $333,000 after buying an additional 680 shares in the last quarter. Capital Fund Management S.A. acquired a new position in shares of Crh Plc during the first quarter worth approximately $6,242,000. Finally, Advisors Asset Management Inc. boosted its position in shares of Crh Plc by 59.1% in the first quarter. Advisors Asset Management Inc. now owns 133,411 shares of the construction company’s stock worth $4,692,000 after buying an additional 49,577 shares in the last quarter. Hedge funds and other institutional investors own 4.47% of the company’s stock.
Shares of Crh Plc (CRH) traded up 0.12% during mid-day trading on Friday, reaching $34.06. The company’s stock had a trading volume of 653,449 shares. The company has a 50 day moving average price of $35.49 and a 200 day moving average price of $35.47. The stock has a market capitalization of $28.35 billion, a P/E ratio of 19.34 and a beta of 0.96. Crh Plc has a 12 month low of $31.55 and a 12 month high of $38.04.
Crh Plc Company Profile
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.