Analysts Update Their Price Forecasts For CRH Plc (CRH)

CRH Plc (CRH) concluded trading on Wednesday at a closing price of $104.22, with 8.6 million shares of worth about $895.84 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 27.25% during that period and on February 12, 2025 the price saw a gain of about 1.20%. Currently the company’s common shares owned by public are about 679.83M shares, out of which, 672.50M shares are available for trading.

Stock saw a price change of 3.02% in past 5 days and over the past one month there was a price change of 13.84%. Year-to-date (YTD), CRH shares are showing a performance of 12.65% which increased to 41.24% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $71.18 but also hit the highest price of $105.58 during that period. The average intraday trading volume for CRH Plc shares is 3.45 million. The stock is currently trading 4.18% above its 20-day simple moving average (SMA20), while that difference is up 6.57% for SMA50 and it goes to 17.41% higher than SMA200.

CRH Plc (NYSE: CRH) currently have 679.83M outstanding shares and institutions hold larger chunk of about 79.15% of that.

The stock has a current market capitalization of $70.80B and its 3Y-monthly beta is at 1.37. PE ratio of stock for trailing 12 months is 20.84, while it has posted earnings per share of $5.00 in the same period. Its PEG reads 1.64 and has Quick Ratio of 0.96 while making debt-to-equity ratio of 0.71. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CRH, volatility over the week remained 2.78% while standing at 1.90% over the month.

Stock’s fiscal year EPS is expected to rise by 17.87% while it is estimated to increase by 10.00% in next year. EPS is likely to shrink at an annualized rate of 12.70% for next 5-years, compared to annual growth of 26.26% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by HSBC Securities on November 11, 2024 offering a Buy rating for the stock and assigned a target price of $116 to it. Coverage by Barclays stated CRH Plc (CRH) stock as an Overweight in their note to investors on October 29, 2024, suggesting a price target of $110 for the stock. On July 09, 2024, Morgan Stanley Upgrade their recommendations, while on June 18, 2024, Stephens Initiated their ratings for the stock with a price target of $95. Stock get an Outperform rating from RBC Capital Mkts on May 14, 2024.

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