CRH (LON:CRH) Rating Reiterated by UBS Group

CRH (LON:CRH)‘s stock had its “buy” rating reaffirmed by equities researchers at UBS Group in a report released on Tuesday, Borsen Zeitung reports. They currently have a GBX 2,900 ($37.89) price target on the stock, up from their prior price target of GBX 2,800 ($36.59). UBS Group’s price target would indicate a potential upside of 9.89% from the company’s current price.

CRH has been the subject of a number of other reports. Numis Securities downgraded CRH to a “hold” rating and set a GBX 2,685 ($35.08) price objective for the company. in a research note on Thursday, April 25th. Barclays downgraded CRH to an “equal weight” rating and set a GBX 3,300 ($43.12) price objective for the company. in a research note on Monday, July 8th. Jefferies Financial Group restated a “buy” rating on shares of CRH in a research note on Tuesday, June 25th. Finally, JPMorgan Chase & Co. restated an “underweight” rating on shares of CRH in a research note on Tuesday, July 16th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 2,879.50 ($37.63).

CRH traded up GBX 30 ($0.39) during trading on Tuesday, reaching GBX 2,639 ($34.48). 1,585,337 shares of the company were exchanged, compared to its average volume of 2,020,000. The stock has a market cap of $21.08 billion and a P/E ratio of 6.38. The firm has a 50 day moving average of GBX 2,649.62 and a 200 day moving average of GBX 2,505.03. The company has a current ratio of 1.57, a quick ratio of 0.97 and a debt-to-equity ratio of 56.63. CRH has a 52 week low of GBX 1,961 ($25.62) and a 52 week high of GBX 2,768 ($36.17).

About CRH

CRH plc, through its subsidiaries, manufactures and distributes building materials. It operates through three segments: Europe Materials, Americas Materials, and Building Products. The company manufactures and supplies cement, lime, aggregates, readymixed and precast concrete, and asphalt products; and construction accessories, architectural products, shutters and awnings, and perimeter protection and network access products.

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Analyst Recommendations for CRH (LON:CRH)

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