UBS Group Analysts Give CRH (CRH) a GBX 3,140 Price Target
CRH (LON:CRH) received a GBX 3,140 ($40.06) price target from analysts at UBS Group in a research note issued on Friday, www.boersen-zeitung.de reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s price target points to a potential upside of 22.90% from the company’s current price.
Several other research firms have also recently commented on CRH. Numis Securities cut shares of CRH to a “hold” rating in a research report on Monday, June 4th. Societe Generale set a GBX 3,500 ($44.65) target price on shares of CRH and gave the stock a “buy” rating in a research report on Friday, June 1st. Sanford C. Bernstein set a GBX 2,617 ($33.38) target price on shares of CRH and gave the stock a “neutral” rating in a research report on Monday, July 2nd. Finally, HSBC reaffirmed a “buy” rating on shares of CRH in a research report on Friday. Four investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. CRH currently has an average rating of “Buy” and a consensus price target of GBX 3,060.88 ($39.05).
LON:CRH opened at GBX 2,555 ($32.59) on Friday. CRH has a 12 month low of GBX 2,297.70 ($29.31) and a 12 month high of GBX 2,955 ($37.70).
CRH plc, through its subsidiaries, manufactures and distributes building materials. It operates through six segments: Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products, and Asia. The company manufactures and supplies cement, aggregates, asphalt, lime, and readymixed concrete and concrete products; and construction accessories, network access and perimeter protection products, shutters and awnings, and architectural products.
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