CRH’s (CRH) “Top Pick” Rating Reaffirmed at Barclays

CRH (LON:CRH)‘s stock had its “top pick” rating reiterated by investment analysts at Barclays in a report issued on Friday, March 9th.

Several other research firms have also weighed in on CRH. Credit Suisse Group reduced their price objective on shares of CRH from GBX 3,000 ($41.45) to GBX 2,870 ($39.65) and set an “add” rating on the stock in a research note on Monday, March 5th. Societe Generale reaffirmed a “buy” rating and issued a GBX 3,200 ($44.21) price target on shares of CRH in a research note on Thursday, November 23rd. Sanford C. Bernstein set a GBX 2,749 ($37.98) price objective on shares of CRH and gave the stock a “neutral” rating in a research report on Tuesday, November 21st. Jefferies Group reissued a “buy” rating and issued a GBX 3,190 ($44.07) price objective on shares of CRH in a research report on Wednesday, November 22nd. Finally, Numis Securities cut their price objective on shares of CRH from GBX 3,170 ($43.80) to GBX 3,000 ($41.45) and set an “add” rating on the stock in a research report on Wednesday, November 22nd. Four investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of GBX 3,047.13 ($42.10).

Shares of LON:CRH remained flat at $GBX 2,409 ($33.28) during trading on Friday. CRH has a 12 month low of GBX 2,297.70 ($31.74) and a 12 month high of GBX 2,955 ($40.83).

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About CRH

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.

Analyst Recommendations for CRH (LON:CRH)

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