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.

CRH Trading Up 0.5 %

NYSE:CRH opened at $39.57 on Friday. CRH has a 52 week low of $33.13 and a 52 week high of $54.54. The business has a 50 day moving average price of $36.40 and a 200-day moving average price of $40.49. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.38 and a current ratio of 1.85.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on CRH shares. Citigroup restated a "buy" rating on shares of CRH in a research report on Friday, June 17th. StockNews.com upgraded CRH from a "buy" rating to a "strong-buy" rating in a research report on Friday, July 1st. JPMorgan Chase & Co. raised their price objective on CRH from €58.00 ($59.18) to €59.00 ($60.20) and gave the stock an "overweight" rating in a research report on Friday, April 22nd. Finally, Berenberg Bank lowered their target price on CRH from €56.00 ($57.14) to €46.00 ($46.94) in a report on Monday, June 13th. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $51.75.