CRH (LON:CRH)‘s stock had its “top pick” rating reiterated by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Friday, September 7th.
Several other research analysts have also recently weighed in on the company. UBS Group set a GBX 3,125 ($40.71) price target on CRH and gave the company a “buy” rating in a research report on Wednesday, June 6th. Numis Securities cut CRH to a “hold” rating in a research report on Monday, June 4th. Societe Generale set a GBX 3,500 ($45.59) price target on CRH and gave the company a “buy” rating in a research report on Friday, June 1st. HSBC reiterated a “buy” rating on shares of CRH in a research report on Friday, August 17th. Finally, Sanford C. Bernstein set a GBX 2,617 ($34.09) price target on CRH and gave the company a “neutral” rating in a research report on Monday, July 2nd. Four investment analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of GBX 2,988.83 ($38.93).
Shares of CRH stock opened at GBX 2,530 ($32.96) on Friday. CRH has a twelve month low of GBX 2,297.70 ($29.93) and a twelve month high of GBX 2,955 ($38.49).
CRH plc, through its subsidiaries, manufactures and distributes building materials. It operates through six segments: Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products, and Asia. The company manufactures and supplies cement, aggregates, asphalt, lime, and readymixed concrete and concrete products; and construction accessories, network access and perimeter protection products, shutters and awnings, and architectural products.
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