CRH (NYSE:CRH) Stock Price Target Lowered at Wells Fargo & Company

CRH (NYSE:CRH – Get Free Report) had its price target reduced by analysts at Wells Fargo & Company from $106.00 to $100.00 in a research note issued on Friday, Benzinga reports. The firm currently has an “overweight” rating on the construction company’s stock. Wells Fargo & Company‘s price target would suggest a potential upside of 11.23% from the company’s previous close.

Several other analysts also recently commented on CRH. Citigroup reduced their price objective on CRH from $122.00 to $106.00 and set a “buy” rating for the company in a research note on Friday, October 2nd. Royal Bank Of Canada lowered their target price on CRH from $165.00 to $135.00 and set an “outperform” rating on the stock in a research note on Friday, October 9th. Berenberg Bank set a $140.00 target price on CRH in a report on Tuesday, September 8th. Deutsche Bank Aktiengesellschaft set a $118.00 price target on CRH in a research note on Friday, October 9th. Finally, Weiss Ratings downgraded CRH from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, September 16th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, CRH presently has an average rating of “Buy” and a consensus target price of $126.18.

Check Out Our Latest Report on CRH

CRH Stock Performance

Shares of CRH stock traded down $0.72 during mid-day trading on Friday, hitting $89.90. 3,278,155 shares of the stock were exchanged, compared to its average volume of 4,962,788. The stock’s fifty day simple moving average is $87.24 and its two-hundred day simple moving average is $104.44. The stock has a market capitalization of $59.81 billion, a price-to-earnings ratio of 15.83, a P/E/G ratio of 1.57 and a beta of 1.31. CRH has a 12-month low of $78.62 and a 12-month high of $131.55.

CRH (NYSE:CRH – Get Free Report) last posted its earnings results on Thursday, October 29th. The construction company reported $2.09 EPS for the quarter, topping analysts’ consensus estimates of $2.06 by $0.03. CRH had a return on equity of 15.76% and a net margin of 9.93%. The business had revenue of $11.40 billion for the quarter, compared to analysts’ expectations of $11.56 billion. During the same quarter in the previous year, the firm earned $2.21 earnings per share. The business’s revenue was up 3.0% compared to the same quarter last year. On average, research analysts expect that CRH will post 5.83 earnings per share for the current fiscal year.

Institutional Trading of CRH

Several institutional investors and hedge funds have recently modified their holdings of CRH. Amundi boosted its stake in shares of CRH by 74.7% during the first quarter. Amundi now owns 5,965,814 shares of the construction company’s stock valued at $627,126,000 after acquiring an additional 2,550,178 shares during the last quarter. Hsbc Holdings PLC raised its stake in CRH by 441.4% in the 1st quarter. Hsbc Holdings PLC now owns 1,468,493 shares of the construction company’s stock valued at $154,218,000 after purchasing an additional 1,197,255 shares during the last quarter. Renaissance Technologies LLC purchased a new position in CRH in the 1st quarter valued at about $79,124,000. Janus Henderson Group PLC lifted its stake in shares of CRH by 27.9% during the first quarter. Janus Henderson Group PLC now owns 2,186,541 shares of the construction company’s stock valued at $228,994,000 after buying an additional 477,242 shares during the period. Finally, Engineers Gate Manager LP boosted its holdings in shares of CRH by 1,838.4% during the second quarter. Engineers Gate Manager LP now owns 461,503 shares of the construction company’s stock worth $49,381,000 after purchasing an additional 437,694 shares during the last quarter. Hedge funds and other institutional investors own 62.50% of the company’s stock.

Key Stories Impacting CRH

Here are the key news stories impacting CRH this week:

  • Positive Sentiment: $6 billion share buyback: CRH announced a new repurchase program, which could support earnings per share and signal management’s confidence that the stock is undervalued. CRH stock faces lower 2026 outlook as $6 billion buyback launches
  • Positive Sentiment: Quarterly dividend maintained: Investors of record on November 13 will receive $0.39 per share on December 9, equivalent to $1.56 annually and a yield of approximately 1.7%. CRH plc declares quarterly dividend
  • Positive Sentiment: EPS exceeded expectations: Third-quarter adjusted earnings per share came in at $2.09 versus the $2.06 consensus estimate. CRH also completed its $8.5 billion acquisition of Arcosa, expanding its construction-materials platform. CRH Q3 results and Arcosa acquisition
  • Neutral Sentiment: Longer-term synergies: CRH projects $7.8 billion-$8.0 billion of 2026 adjusted EBITDA and expects its Velocity program to deliver $400 million of annual run-rate benefits by 2028. CRH EBITDA outlook and Velocity targets
  • Negative Sentiment: Revenue and profit pressures: Third-quarter revenue of $11.40 billion missed the $11.56 billion consensus, while EPS fell from $2.21 a year earlier. Rising costs, weak housing activity and margin pressure prompted CRH to reduce or tighten its 2026 outlook, overshadowing the modest EPS beat. CRH Q3 earnings and revenue miss

About CRH

(Get Free Report)

CRH plc is a global building materials company that supplies products and solutions used in residential, commercial and infrastructure construction. Its activities include the production and distribution of aggregates, asphalt, ready-mixed concrete, cement and other construction materials, as well as value-added products such as precast concrete, architectural products and site-development solutions.

The company serves customers across North America and Europe, including contractors, construction companies, infrastructure developers, distributors and public-sector organizations.

Further Reading

Analyst Recommendations for CRH (NYSE:CRH)

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