JPMorgan Chase & Co. Cuts CRH (LON:CRH) Price Target to £100.33

CRH (LON:CRH) had its price target cut by JPMorgan Chase & Co. from £102.56 to £100.33 in a research report released on Wednesday morning, MarketBeat.com reports. They currently have an overweight rating on the stock.

Several other brokerages also recently commented on CRH. Jefferies Financial Group reduced their target price on CRH from £105.04 to £105 and set a “buy” rating for the company in a report on Monday, November 10th. Deutsche Bank Aktiengesellschaft raised their target price on shares of CRH from GBX 8,682 to £103.86 and gave the stock a “buy” rating in a report on Wednesday, October 1st. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of £103.06.

CRH Trading Down 0.8%

Shares of CRH opened at GBX 9,138 on Wednesday. CRH has a twelve month low of GBX 5,748 and a twelve month high of GBX 9,758. The firm has a market capitalization of £61.12 billion, a P/E ratio of 18.24, a price-to-earnings-growth ratio of 1.91 and a beta of 1.38. The stock’s fifty day simple moving average is GBX 9,110.29 and its 200 day simple moving average is GBX 8,459.69. The company has a current ratio of 1.39, a quick ratio of 1.37 and a debt-to-equity ratio of 70.88.

About CRH

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.