CRH - CRH Stock Forecast, Price & News

CRH plc, through its subsidiaries, manufactures and distributes building materials. It operates in three segments: Americas Materials, Europe Materials, and Building Products. The company manufactures and supplies cement, lime, aggregates, precast, ready mixed concrete, and asphalt products; concrete masonry and hardscape products comprising pavers, blocks and kerbs, retaining walls, and related patio products; and glass and glazing products, including architectural glass, custom-engineered curtain and window walls, architectural windows, storefront systems, doors, skylights, and architectural hardware. It also offers precast concrete and polymer-based products, such as underground vaults, drainage pipes and structures, utility enclosures, and modular precast structures to the water, energy, communication, transportation, and building structures markets; and construction accessories, such as anchoring, fixing, and connection solutions, as well as lifting systems, formwork accessories, and other accessories used in construction applications. In addition, the company offers network access products, which include composite access chambers, covers, passive safety systems, retention sockets, sealants, and meter boxes; and paving and construction services. Further, it provides building and civil engineering contracting, contract surfacing, operates logistics and owned railway infrastructure; sells and distributes cement; and supplies access chambers and ducting products. It serves governments, contractors, homebuilders, homeowners, and sub-contractors. The company operates primarily in the Republic of Ireland, the United Kingdom, the rest of Europe, the United States, and internationally. CRH plc was founded in 1936 and is headquartered in Dublin, Ireland.

Analyst Ratings Changes

Several research firms recently weighed in on CRH. JPMorgan Chase & Co. raised their price objective on CRH from €58.00 ($59.18) to €59.00 ($60.20) and gave the company an "overweight" rating in a report on Friday, April 22nd. Deutsche Bank Aktiengesellschaft cut their price objective on CRH from €56.00 ($57.14) to €50.00 ($51.02) and set a "buy" rating on the stock in a report on Tuesday, April 19th. Citigroup reissued a "buy" rating on shares of CRH in a report on Friday, June 17th. Berenberg Bank cut their target price on CRH from €56.00 ($57.14) to €46.00 ($46.94) in a report on Monday, June 13th. Finally, Barclays raised CRH from an "equal weight" rating to an "overweight" rating in a report on Tuesday, April 19th. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $51.75.

CRH Trading Up 2.2 %

CRH Stock opened at $39.38 on Thursday. CRH has a 12 month low of $33.13 and a 12 month high of $54.54. The company has a current ratio of 1.85, a quick ratio of 1.38 and a debt-to-equity ratio of 0.48. The business's 50 day simple moving average is $36.59 and its 200 day simple moving average is $40.89.