CRH (LON:CRH) Price Target Cut to £100.33 by Analysts at JPMorgan Chase & Co.

CRH (LON:CRH) had its price target lowered by research analysts at JPMorgan Chase & Co. from £102.56 to £100.33 in a research report issued on Wednesday, Marketbeat.com reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 9.75% from the stock’s previous close.

Several other equities research analysts also recently issued reports on CRH. Jefferies Financial Group lowered their price target on CRH from £105.04 to £105 and set a “buy” rating for the company in a report on Monday, November 10th. Deutsche Bank Aktiengesellschaft increased their target price on CRH from GBX 8,682 to £103.86 and gave the stock a “buy” rating in a research note on Wednesday, October 1st. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of £103.06.

CRH Price Performance

CRH opened at GBX 9,142 on Wednesday. The stock has a market cap of £61.15 billion, a P/E ratio of 18.25, a P/E/G ratio of 1.91 and a beta of 1.38. CRH has a 12 month low of GBX 5,748 and a 12 month high of GBX 9,758. The company has a quick ratio of 1.37, a current ratio of 1.39 and a debt-to-equity ratio of 70.88. The company has a fifty day simple moving average of GBX 9,086.31 and a 200 day simple moving average of GBX 8,423.76.

CRH Company Profile

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.