A number of other brokerages have also commented on CRH. Credit Suisse Group cut their target price on CRH from GBX 3,000 ($41.45) to GBX 2,870 ($39.65) and set an add rating for the company in a research note on Monday, March 5th. Societe Generale reiterated a buy rating and set a GBX 3,200 ($44.21) price objective on shares of CRH in a research note on Thursday, November 23rd. Sanford C. Bernstein set a GBX 2,749 ($37.98) price objective on CRH and gave the stock a neutral rating in a research note on Tuesday, November 21st. Jefferies Group reiterated a buy rating and set a GBX 3,190 ($44.07) price objective on shares of CRH in a research note on Wednesday, November 22nd. Finally, Numis Securities dropped their price objective on CRH from GBX 3,170 ($43.80) to GBX 3,000 ($41.45) and set an add rating for the company in a research note on Wednesday, November 22nd. Four investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of Buy and an average target price of GBX 3,088.38 ($42.67).
CRH (LON:CRH) opened at GBX 2,445 ($33.78) on Friday. CRH has a 12 month low of GBX 2,297.70 ($31.74) and a 12 month high of GBX 2,955 ($40.83).
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CRH Company Profile
CRH public limited company (CRH plc) is a building materials company. The Company’s segments include Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products and Asia. Europe Heavyside segment is engaged in the manufacturing and supply of aggregates, asphalt, cement, readymixed and precast concrete and landscaping products.
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