CRH (LON:CRH) Earns Buy Rating from Jefferies Financial Group

CRH (LON:CRH)‘s stock had its “buy” rating reaffirmed by investment analysts at Jefferies Financial Group in a research note issued to investors on Thursday,London Stock Exchange reports. They currently have a £108.14 target price on the stock. Jefferies Financial Group’s price target indicates a potential upside of 27.73% from the company’s previous close.

Separately, JPMorgan Chase & Co. dropped their price objective on shares of CRH from £102.56 to £100.33 and set an “overweight” rating on the stock in a research note on Wednesday, January 14th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, CRH has an average rating of “Buy” and an average price target of £104.11.

CRH Stock Performance

Shares of LON CRH traded up GBX 48 during midday trading on Thursday, reaching GBX 8,466. 603,364 shares of the stock were exchanged, compared to its average volume of 1,693,258. The firm has a market cap of £56.59 billion, a price-to-earnings ratio of 15.36, a PEG ratio of 1.91 and a beta of 1.24. CRH has a twelve month low of GBX 6,166 and a twelve month high of GBX 9,758. The firm has a 50-day simple moving average of GBX 8,427.76 and a two-hundred day simple moving average of GBX 8,785.56. The company has a quick ratio of 1.37, a current ratio of 1.48 and a debt-to-equity ratio of 82.09.

About CRH

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.