CRH's (CRH) "Hold" Rating Reiterated at Stifel Nicolaus

CRH (NYSE:CRH - Get Free Report)'s stock had its "hold" rating reaffirmed by investment analysts at Stifel Nicolaus in a research report issued on Monday, Marketbeat.com reports. They currently have a $82.00 price objective on the construction company's stock, up from their prior price objective of $80.00. Stifel Nicolaus' target price would indicate a potential upside of 2.14% from the stock's current price.

Several other analysts also recently weighed in on the stock. Vertical Research assumed coverage on shares of CRH in a research report on Friday, March 22nd. They set a "buy" rating and a $105.00 price objective for the company. Citigroup boosted their price objective on shares of CRH from $101.00 to $106.00 and gave the stock a "buy" rating in a research report on Friday, April 5th. Jefferies Financial Group boosted their price objective on shares of CRH from $89.70 to $100.00 and gave the stock a "buy" rating in a research report on Monday, March 4th. DA Davidson assumed coverage on shares of CRH in a research report on Friday, January 19th. They set a "buy" rating and a $82.00 price objective for the company. Finally, Truist Financial boosted their price objective on shares of CRH from $81.00 to $95.00 and gave the stock a "buy" rating in a research report on Monday, March 4th. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $79.31.

CRH Trading Down 2.6 %

Shares of NYSE CRH traded down $2.16 during midday trading on Monday, hitting $80.29. The company's stock had a trading volume of 3,183,415 shares, compared to its average volume of 3,666,586. The business's fifty day simple moving average is $81.47 and its two-hundred day simple moving average is $69.38. CRH has a 1 year low of $47.14 and a 1 year high of $88.00.

Institutional Trading of CRH

Large investors have recently bought and sold shares of the company. Barclays PLC acquired a new stake in shares of CRH during the third quarter worth approximately $941,562,000. Vanguard Group Inc. bought a new stake in shares of CRH in the third quarter worth $1,484,901,000. Asio Capital LLC increased its stake in shares of CRH by 75.3% in the fourth quarter. Asio Capital LLC now owns 54,015 shares of the construction company's stock worth $3,736,000 after buying an additional 23,205 shares during the last quarter. California Public Employees Retirement System bought a new stake in shares of CRH in the third quarter worth $73,833,000. Finally, Sprucegrove Investment Management Ltd. bought a new stake in shares of CRH in the fourth quarter worth $395,583,000. Institutional investors and hedge funds own 62.50% of the company's stock.

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.