Todays Report: The Brokerages gives Consensus Recommendation of “Hold” to CRH PLC (UK) (CRH)

The Brokerages gives Consensus Recommendation of “Hold” to CRH PLC (UK) (CRH)

CRH PLC (UK) (LON:CRH) has been assigned an average rating of “Hold” from the eight ratings firms that are covering the stock. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 2,495.17 ($30.88).

CRH has been the subject of several research analyst reports. Numis Securities Ltd cut CRH PLC (UK) from an “add” rating to a “hold” rating and set a GBX 2,800 ($34.65) price objective for the company. in a research report on Friday, August 26th. Beaufort Securities reiterated a “hold” rating on shares of CRH PLC (UK) in a research report on Friday, August 26th. Deutsche Bank AG cut their price objective on CRH PLC (UK) from GBX 1,993 ($24.67) to GBX 1,991 ($24.64) and set a “hold” rating for the company in a research report on Monday, July 4th. Bank of America Corp. raised their price target on CRH PLC (UK) from GBX 2,500 ($30.94) to GBX 2,600 ($32.18) and gave the company a “neutral” rating in a research report on Wednesday, September 14th. Finally, BNP Paribas restated an “outperform” rating and issued a GBX 2,900 ($35.89) price target on shares of CRH PLC (UK) in a research report on Thursday, June 30th.

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