Exclusive: How Analysts Feel About CRH PLC (ADR) After Today’s Big Increase?

Exclusive: How Analysts Feel About CRH PLC (ADR) After Today's Big Increase?

The stock of CRH PLC (ADR) (NYSE:CRH) is a huge mover today! About 468,504 shares traded hands. CRH PLC (ADR) (NYSE:CRH) has risen 25.97% since March 1, 2016 and is uptrending. It has outperformed by 16.73% the S&P500.
The move comes after 7 months positive chart setup for the $28.18B company. It was reported on Oct, 4 by Barchart.com. We have $48.97 PT which if reached, will make NYSE:CRH worth $12.40 billion more.

CRH PLC (ADR) (NYSE:CRH) Ratings Coverage

Out of 8 analysts covering CRH Plc. (NYSE:CRH), 4 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 50% are positive. CRH Plc. has been the topic of 10 analyst reports since November 5, 2015 according to StockzIntelligence Inc. The rating was upgraded by Bank of America to “Neutral” on Monday, April 25. Societe Generale downgraded the shares of CRH in a report on Friday, August 26 to “Hold” rating. As per Friday, January 15, the company rating was upgraded by BNP Paribas. The stock has “Market Perform” rating given by Bernstein on Friday, March 18. The company was upgraded on Wednesday, April 6 by JP Morgan. The firm has “Underperform” rating given on Thursday, November 5 by Bank of America. On Wednesday, January 27 the stock rating was upgraded by HSBC to “Buy”. The company was downgraded on Friday, August 26 by Numis Securities. The firm has “Buy” rating by Jefferies given on Wednesday, March 9. The rating was upgraded by BNP Paribas on Monday, January 18 to “Outperform”.

According to Zacks Investment Research, “CRH plc manufactures cement, concrete products, aggregates, roofing, instulation and other building materials. Through its subsidiaries, the Company operates in Ireland, the United States, the United Kingdom, Spain, Germany and the Netherlands.”

Insitutional Activity: The institutional sentiment increased to 1.85 in Q2 2016. Its up 0.66, from 1.19 in 2016Q1. The ratio improved, as 17 funds sold all CRH PLC (ADR) shares owned while 23 reduced positions. 29 funds bought stakes while 45 increased positions. They now own 58.89 million shares or 151.35% more from 23.43 million shares in 2016Q1.
Aperio Group Limited Co accumulated 0.09% or 377,196 shares. Comerica Bank has invested 0.02% of its portfolio in CRH PLC (ADR) (NYSE:CRH). Dimensional Fund L P last reported 1.64 million shares in the company. Advisors Asset Mngmt Inc holds 2,459 shares or 0% of its portfolio. First Mercantile has 0.12% invested in the company for 31,700 shares. Ckw Financial Gru accumulated 399 shares or 0% of the stock. Automobile Association holds 1.27M shares or 0.13% of its portfolio. Moreover, Spot Trading Limited Liability Corporation has 0% invested in CRH PLC (ADR) (NYSE:CRH) for 6,787 shares. Svcs Corporation holds 0% of its portfolio in CRH PLC (ADR) (NYSE:CRH) for 129 shares. Kcg Inc reported 16,032 shares or 0.01% of all its holdings. Franklin Res last reported 0.01% of its portfolio in the stock. Signaturefd Lc last reported 0.01% of its portfolio in the stock. Next Finance Gp has invested 0% of its portfolio in CRH PLC (ADR) (NYSE:CRH). Moreover, Barclays Public Limited Company has 0.01% invested in CRH PLC (ADR) (NYSE:CRH) for 224,893 shares. Garde has 7,100 shares for 0.07% of their US portfolio.

More news for CRH PLC (ADR) (NYSE:CRH) were recently published by: Fool.com, which released: “These Industrials Took a Beating on Brexit: Could They Fall Even More?” on June 25, 2016. Investorplace.com‘s article titled: “3 Construction Materials Stocks to Buy Now” and published on September 30, 2016 is yet another important article.

CRH Company Profile

CRH plc, incorporated on June 20, 1949, is a building materials company. The Firm makes and distributes a range of products servicing the construction needs, from the fundamentals of heavy materials and elements to construct the frame, through exterior products that complete the building envelope, to distribution channels, which service construction fit-out and renewal. The Firm operates in six divisions: Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products and Americas Distribution. The Firm operates in approximately 30 countries around the world.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Comment