Deutsche Bank Reiterates “Hold” Rating for CRH (CRH)

CRH (LON:CRH)‘s stock had its “hold” rating reaffirmed by equities researchers at Deutsche Bank in a report released on Wednesday, January 10th.

A number of other brokerages have also recently commented on CRH. Societe Generale reaffirmed a “buy” rating and issued a GBX 3,200 ($43.40) price target on shares of CRH in a research note on Thursday, November 23rd. UBS Group set a GBX 3,100 ($42.04) price target on CRH and gave the company a “buy” rating in a research note on Tuesday, October 10th. Sanford C. Bernstein set a GBX 2,749 ($37.28) price target on CRH and gave the company a “neutral” rating in a research note on Tuesday, November 21st. Barclays reaffirmed an “overweight” rating on shares of CRH in a research note on Wednesday, November 22nd. Finally, Jefferies Group reaffirmed a “buy” rating and issued a GBX 3,190 ($43.26) price target on shares of CRH in a research note on Wednesday, November 22nd. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of GBX 3,105.29 ($42.11).

Shares of CRH (LON CRH) traded down GBX 19 ($0.26) during trading hours on Wednesday, reaching GBX 2,661 ($36.09). The company’s stock had a trading volume of 1,141,582 shares, compared to its average volume of 1,450,000. CRH has a 12-month low of GBX 2,297.70 ($31.16) and a 12-month high of GBX 2,955 ($40.07).

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About CRH

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.

Analyst Recommendations for CRH (LON:CRH)

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