CRH (LON:CRH) Given New £102.56 Price Target at JPMorgan Chase & Co.

CRH (LON:CRH) had its target price upped by investment analysts at JPMorgan Chase & Co. from GBX 9,645 to £102.56 in a research note issued to investors on Tuesday,London Stock Exchange reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 19.48% from the company’s current price.

Several other equities research analysts have also commented on the stock. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of CRH from GBX 8,682 to £103.86 and gave the stock a “buy” rating in a research note on Wednesday, October 1st. Jefferies Financial Group cut their price target on shares of CRH from £105.04 to £105 and set a “buy” rating on the stock in a report on Monday. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of £103.81.

CRH Trading Down 0.6%

CRH stock traded down GBX 52 during trading on Tuesday, hitting GBX 8,584. The company had a trading volume of 124,428 shares, compared to its average volume of 1,061,276. CRH has a one year low of GBX 5,748 and a one year high of GBX 9,160. The company has a current ratio of 1.39, a quick ratio of 1.37 and a debt-to-equity ratio of 70.88. The business has a 50-day moving average of GBX 8,645.66 and a 200-day moving average of GBX 7,711.94. The stock has a market cap of £57.52 billion, a PE ratio of 18.00, a PEG ratio of 1.91 and a beta of 1.38.

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.