CRH plc (NYSE:CRH – Get Free Report) has been given a consensus rating of “Moderate Buy” by the ten analysts that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $95.70.
Several research analysts have recently issued reports on CRH shares. StockNews.com cut CRH from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. Truist Financial raised their price target on shares of CRH from $100.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, August 9th. DA Davidson lifted their price objective on shares of CRH from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, August 9th. Morgan Stanley upgraded shares of CRH from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $87.00 to $88.00 in a research note on Tuesday, July 9th. Finally, Citigroup decreased their target price on shares of CRH from $109.00 to $99.00 and set a “buy” rating for the company in a research report on Thursday, July 11th.
Check Out Our Latest Analysis on CRH
Institutional Inflows and Outflows
CRH Stock Down 0.2 %
CRH stock opened at $93.48 on Friday. CRH has a 52 week low of $51.59 and a 52 week high of $94.14. The stock has a market capitalization of $64.19 billion, a PE ratio of 15.55, a price-to-earnings-growth ratio of 1.30 and a beta of 1.30. The firm has a 50 day moving average of $88.88 and a 200 day moving average of $82.72.
CRH (NYSE:CRH – Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The construction company reported $1.85 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.85. The company had revenue of $9.65 billion for the quarter, compared to analysts’ expectations of $10.16 billion. On average, equities research analysts expect that CRH will post 5.44 earnings per share for the current year.
CRH Cuts Dividend
The firm also recently disclosed a semi-annual dividend, which was paid on Wednesday, September 25th. Shareholders of record on Friday, August 23rd were issued a $0.35 dividend. This represents a yield of 1.7%. The ex-dividend date was Friday, August 23rd. CRH’s payout ratio is currently 29.62%.
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.
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