Crh Plc (NYSE:CRH) Given Average Rating of “Buy” by Brokerages

Shares of Crh Plc (NYSE:CRH) have been given a consensus rating of “Buy” by the eleven analysts that are currently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $32.00.

Several research firms have issued reports on CRH. ValuEngine upgraded CRH from a “sell” rating to a “hold” rating in a report on Friday, March 1st. Berenberg Bank restated a “buy” rating on shares of CRH in a report on Wednesday, April 3rd. UBS Group restated a “buy” rating on shares of CRH in a report on Thursday, February 28th. Credit Suisse Group restated a “hold” rating and set a $32.00 price objective on shares of CRH in a report on Thursday, April 25th. Finally, Clarus Securities restated a “positive” rating on shares of CRH in a report on Monday, March 18th.

A number of large investors have recently added to or reduced their stakes in CRH. Deutsche Bank AG grew its stake in CRH by 222.0% during the 4th quarter. Deutsche Bank AG now owns 1,456,642 shares of the construction company’s stock valued at $38,382,000 after acquiring an additional 1,004,241 shares in the last quarter. Brandes Investment Partners LP grew its stake in CRH by 194.2% during the 4th quarter. Brandes Investment Partners LP now owns 957,884 shares of the construction company’s stock valued at $25,240,000 after acquiring an additional 632,291 shares in the last quarter. Jane Street Group LLC grew its stake in CRH by 107.5% during the 4th quarter. Jane Street Group LLC now owns 986,519 shares of the construction company’s stock valued at $25,995,000 after acquiring an additional 511,187 shares in the last quarter. FMR LLC grew its stake in CRH by 3.5% during the 4th quarter. FMR LLC now owns 11,272,222 shares of the construction company’s stock valued at $297,023,000 after acquiring an additional 385,092 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in CRH by 19.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,164,845 shares of the construction company’s stock valued at $57,044,000 after acquiring an additional 355,932 shares in the last quarter. 4.48% of the stock is currently owned by institutional investors.

NYSE CRH opened at $32.15 on Wednesday. The business’s 50-day moving average is $32.09. The company has a current ratio of 1.56, a quick ratio of 1.06 and a debt-to-equity ratio of 0.53. The firm has a market cap of $27.18 billion, a P/E ratio of 14.04 and a beta of 0.93. CRH has a 1 year low of $24.62 and a 1 year high of $36.25.

CRH Company Profile

CRH plc, through its subsidiaries, manufactures and distributes building materials. It operates through three segments: Europe Materials, Americas Materials, and Building Products. The company manufactures and supplies cement, lime, aggregates, readymixed and precast concrete, and asphalt products; and construction accessories, architectural products, shutters and awnings, and perimeter protection and network access products.

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Analyst Recommendations for CRH (NYSE:CRH)

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