JPMorgan Chase & Co. Has Lowered Expectations for CRH (LON:CRH) Stock Price

CRH (LON:CRH) had its price target cut by investment analysts at JPMorgan Chase & Co. from £102.56 to £100.33 in a report issued on Wednesday, MarketBeat.com reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 8.87% from the stock’s current price.

CRH has been the subject of a number of other research reports. Deutsche Bank Aktiengesellschaft lifted their price target on CRH from GBX 8,682 to £103.86 and gave the company a “buy” rating in a research note on Wednesday, October 1st. Jefferies Financial Group cut their target price on CRH from £105.04 to £105 and set a “buy” rating on the stock in a research report on Monday, November 10th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of £103.06.

CRH Stock Performance

CRH opened at GBX 9,216 on Wednesday. The company has a current ratio of 1.39, a quick ratio of 1.37 and a debt-to-equity ratio of 70.88. The company’s fifty day moving average price is GBX 9,098.33 and its two-hundred day moving average price is GBX 8,442.71. The company has a market cap of £61.65 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 1.91 and a beta of 1.38. CRH has a 1-year low of GBX 5,748 and a 1-year high of GBX 9,758.

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.