Crh Plc’s (CRH) Add Rating Reiterated at Numis Securities Ltd
Crh Plc (LON:CRH)‘s stock had its “add” rating reissued by investment analysts at Numis Securities Ltd in a report released on Tuesday. They presently have a GBX 3,170 ($41.00) price objective on the stock. Numis Securities Ltd’s target price suggests a potential upside of 16.54% from the stock’s current price.
Several other equities research analysts have also recently issued reports on CRH. Sanford C. Bernstein set a GBX 2,709 ($35.04) price objective on Crh Plc and gave the stock a “neutral” rating in a report on Thursday, July 6th. UBS AG set a GBX 3,200 ($41.39) target price on shares of Crh Plc and gave the stock a “buy” rating in a research note on Thursday, July 13th. Societe Generale set a GBX 3,600 ($46.56) target price on shares of Crh Plc and gave the stock a “buy” rating in a research note on Friday, July 21st. Finally, Beaufort Securities reissued a “buy” rating and issued a GBX 3,200 ($41.39) target price (up from GBX 3,100 ($40.09)) on shares of Crh Plc in a research note on Friday. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of GBX 3,146 ($40.69).
Shares of Crh Plc (LON CRH) opened at 2636.00 on Tuesday. The firm has a 50 day moving average price of GBX 2,712.61 and a 200 day moving average price of GBX 2,781.09. Crh Plc has a 12-month low of GBX 2,297.70 and a 12-month high of GBX 3,342.00. The stock’s market cap is GBX 21.99 billion.
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About Crh Plc
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, Americas Distribution 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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