Crh Plc (NYSE:CRH) has earned an average rating of “Buy” from the nine research firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $37.00.

Several research firms have weighed in on CRH. Zacks Investment Research raised CRH from a “sell” rating to a “hold” rating in a research report on Tuesday, May 15th. ValuEngine cut CRH from a “hold” rating to a “sell” rating in a research report on Thursday, August 2nd. Bank of America reissued a “buy” rating on shares of CRH in a research report on Friday. Finally, JPMorgan Chase & Co. set a $37.00 price objective on CRH and gave the stock a “buy” rating in a research report on Wednesday, May 23rd.

Hedge funds have recently bought and sold shares of the business. Wells Fargo & Company MN lifted its position in shares of CRH by 22.1% during the 1st quarter. Wells Fargo & Company MN now owns 366,222 shares of the construction company’s stock valued at $12,459,000 after buying an additional 66,297 shares during the last quarter. Fulton Bank N.A. lifted its position in shares of CRH by 48.8% during the 1st quarter. Fulton Bank N.A. now owns 17,061 shares of the construction company’s stock valued at $580,000 after buying an additional 5,594 shares during the last quarter. Comerica Bank lifted its position in shares of CRH by 4.3% during the 1st quarter. Comerica Bank now owns 47,630 shares of the construction company’s stock valued at $1,641,000 after buying an additional 1,962 shares during the last quarter. Manning & Napier Group LLC lifted its position in shares of CRH by 4.2% during the 1st quarter. Manning & Napier Group LLC now owns 118,497 shares of the construction company’s stock valued at $4,030,000 after buying an additional 4,775 shares during the last quarter. Finally, Boston Partners lifted its position in shares of CRH by 367.7% during the 1st quarter. Boston Partners now owns 7,461,449 shares of the construction company’s stock valued at $253,839,000 after buying an additional 5,865,963 shares during the last quarter. 4.60% of the stock is currently owned by institutional investors and hedge funds.

CRH stock traded down $0.11 during midday trading on Thursday, hitting $33.01. The company’s stock had a trading volume of 84,606 shares, compared to its average volume of 504,756. The company has a current ratio of 1.35, a quick ratio of 0.93 and a debt-to-equity ratio of 0.54. CRH has a 1 year low of $31.38 and a 1 year high of $39.32. The stock has a market cap of $27.79 billion, a P/E ratio of 13.25, a P/E/G ratio of 1.94 and a beta of 0.92.

The firm also recently disclosed a special dividend, which will be paid on Wednesday, October 3rd. Shareholders of record on Friday, September 7th will be given a $0.2283 dividend. The ex-dividend date of this dividend is Thursday, September 6th. CRH’s dividend payout ratio is currently 37.20%.

CRH Company Profile

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

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Analyst Recommendations for CRH (NYSE:CRH)

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