Equities researchers at StockNews.com initiated coverage on shares of CRH (NYSE:CRH – Get Rating) in a report released on Thursday. The firm set a “strong-buy” rating on the construction company’s stock.
Several other equities research analysts also recently issued reports on CRH. Credit Suisse Group lowered their price target on CRH from €50.00 ($53.76) to €48.00 ($51.61) and set an “outperform” rating for the company in a report on Wednesday, November 23rd. Redburn Partners raised CRH from a “neutral” rating to a “buy” rating in a research report on Tuesday, January 3rd. Finally, JPMorgan Chase & Co. cut their price objective on CRH from €50.00 ($53.76) to €48.00 ($51.61) and set an “overweight” rating for the company in a research report on Thursday, December 8th. Six equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, CRH presently has an average rating of “Buy” and a consensus target price of $48.00.
CRH Trading Down 4.1 %
CRH stock opened at $48.18 on Thursday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.67 and a quick ratio of 1.19. CRH has a 52 week low of $31.22 and a 52 week high of $52.20. The business’s fifty day moving average is $47.05 and its two-hundred day moving average is $40.52.
Institutional Investors Weigh In On CRH
CRH Plc manufactures and distributes building materials and products for the construction industry. It operates business through the following segments: Americas Materials, Europe Materials, and Building Products. The Americas Materials segment provides asphalt paving services and produces materials such as cement, aggregates, ready mixed concrete, and asphalt.
- Get a free copy of the StockNews.com research report on CRH (CRH)
- Meta Platforms: Efficiency Gains Momentum, Stock Accelerates
- Pfizer’s Latest Acquisition Strengthens the Case for PFE Stock
- SentinelOne: Reversal In-Play For Cybersecurity Stocks
- Is Sportradar Group A Growth Stock To Bet On In 2023?
- Strong Guidance says Boeing is Ready for Takeoff
Receive News & Ratings for CRH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CRH and related companies with MarketBeat.com's FREE daily email newsletter.