JPMorgan Chase & Co. Increases CRH (LON:CRH) Price Target to £102.56

CRH (LON:CRH) had its target price boosted by analysts at JPMorgan Chase & Co. from GBX 9,645 to £102.56 in a research note issued on Tuesday, MarketBeat reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 18.32% from the stock’s previous close.

CRH has been the subject of several other reports. Jefferies Financial Group cut their price objective on shares of CRH from £105.04 to £105 and set a “buy” rating for the company in a research report on Monday. Deutsche Bank Aktiengesellschaft lifted their price target on CRH from GBX 8,682 to £103.86 and gave the stock a “buy” rating in a report on Wednesday, October 1st. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of £103.81.

CRH Stock Performance

Shares of CRH stock opened at GBX 8,668 on Tuesday. CRH has a 52 week low of GBX 5,748 and a 52 week high of GBX 9,160. The company has a market capitalization of £58.08 billion, a price-to-earnings ratio of 18.17, a PEG ratio of 1.91 and a beta of 1.38. The company has a 50-day simple moving average of GBX 8,658.14 and a 200 day simple moving average of GBX 7,741.17. The company has a debt-to-equity ratio of 70.88, a quick ratio of 1.37 and a current ratio of 1.39.

CRH Company Profile

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.