CRH (NYSE:CRH – Get Free Report) is expected to be announcing its earnings results after the market closes on Thursday, March 6th. Analysts expect the company to announce earnings of $1.44 per share and revenue of $8.99 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
CRH Price Performance
CRH stock opened at $102.26 on Thursday. CRH has a 1-year low of $71.18 and a 1-year high of $110.97. The business has a 50-day moving average price of $98.25 and a 200 day moving average price of $95.07. The company has a market capitalization of $69.46 billion, a P/E ratio of 20.45, a PEG ratio of 1.15 and a beta of 1.30.
Analyst Ratings Changes
CRH has been the subject of several recent research reports. JPMorgan Chase & Co. boosted their price target on shares of CRH from $114.00 to $116.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. StockNews.com downgraded shares of CRH from a “buy” rating to a “hold” rating in a research note on Wednesday, February 19th. DA Davidson increased their target price on CRH from $110.00 to $120.00 and gave the company a “buy” rating in a research report on Monday, November 11th. HSBC started coverage on CRH in a research report on Monday, November 11th. They issued a “buy” rating and a $116.00 price target for the company. Finally, Citigroup dropped their price objective on CRH from $120.00 to $115.00 and set a “buy” rating on the stock in a research report on Monday, January 6th. Two research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $107.75.
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.
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