CRH’s (CRH) Buy Rating Reaffirmed at UBS Group

UBS Group reaffirmed their buy rating on shares of CRH (LON:CRH) in a research note released on Monday morning, ThisIsMoney.Co.Uk reports.

Several other brokerages have also issued reports on CRH. Jefferies Financial Group reiterated a buy rating on shares of CRH in a research report on Tuesday, June 25th. Barclays lowered shares of CRH to an equal weight rating and set a GBX 3,300 ($43.12) target price for the company. in a research report on Monday, July 8th. Finally, JPMorgan Chase & Co. reiterated an underweight rating on shares of CRH in a research report on Tuesday, July 16th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The company has an average rating of Hold and a consensus target price of GBX 2,978.33 ($38.92).

CRH stock opened at GBX 2,730 ($35.67) on Monday. CRH has a fifty-two week low of GBX 1,961 ($25.62) and a fifty-two week high of GBX 2,798 ($36.56). The firm’s fifty day moving average price is GBX 2,689.94 and its 200-day moving average price is GBX 2,563.02. The stock has a market cap of $21.76 billion and a P/E ratio of 6.60. The company has a debt-to-equity ratio of 72.39, a quick ratio of 0.91 and a current ratio of 1.35.

The business also recently announced a dividend, which will be paid on Wednesday, September 25th. Investors of record on Thursday, September 5th will be given a €0.20 ($0.23) dividend. The ex-dividend date is Thursday, September 5th. This represents a yield of 0.69%. CRH’s dividend payout ratio (DPR) is presently 0.15%.

About CRH

CRH plc, through its subsidiaries, manufactures and distributes building materials. It operates through three segments: Europe Materials, Americas Materials, and Building Products. The company manufactures and supplies cement, lime, aggregates, readymixed and precast concrete, and asphalt products; and construction accessories, architectural products, shutters and awnings, and perimeter protection and network access products.

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Analyst Recommendations for CRH (LON:CRH)

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