Jefferies Financial Group Lowers CRH (LON:CRH) Price Target to £108.14

Key Points

• Jefferies lowered CRH's price target from £115 to £108.14 while keeping a "buy" rating, with the new target implying roughly a 40.08% upside from the prior close.
• JPMorgan cut its target to £100.33 (from £102.56) and set an "overweight" rating; the consensus among analysts remains "Buy" with a consensus target of £104.11.
• CRH traded at GBX 7,720 mid-day, with a market cap of £51.72 billion, a P/E of 14.01, and a 12‑month range of GBX 5,748–9,758.

CRH (LON:CRH - Get Free Report) had its price target decreased by investment analysts at Jefferies Financial Group from £115 to £108.14 in a research report issued to clients and investors on Monday,London Stock Exchange reports. The firm presently has a "buy" rating on the stock. Jefferies Financial Group's price objective points to a potential upside of 40.08% from the company's previous close.

Separately, JPMorgan Chase & Co. reduced their price target on shares of CRH from £102.56 to £100.33 and set an "overweight" rating on the stock in a research report on Wednesday, January 14th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, CRH has a consensus rating of "Buy" and a consensus target price of £104.11.

CRH Stock Performance

CRH stock traded up GBX 66 during mid-day trading on Monday, reaching GBX 7,720. The company's stock had a trading volume of 264,382 shares, compared to its average volume of 1,820,007. The firm has a market cap of £51.72 billion, a price-to-earnings ratio of 14.01, a PEG ratio of 1.91 and a beta of 1.20. The business has a 50 day moving average price of GBX 8,591.57 and a 200-day moving average price of GBX 8,808.75. The company has a current ratio of 1.48, a quick ratio of 1.37 and a debt-to-equity ratio of 82.09. CRH has a twelve month low of GBX 5,748 and a twelve month 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.

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