Analysts at Morgan Stanley Kept their Past ‘”In Line”’ rating on Shares CRH PLC (LON:CRH), Set a GBX 37.00 Target Price

May 23, 2018 - By Marguerite Chambers

CRH plc (LON:CRH) Logo

Investors sentiment increased to 0.97 in 2017 Q4. Its up 0.14, from 0.83 in 2017Q3. It is positive, as 26 investors sold CRH plc shares while 33 reduced holdings. 19 funds opened positions while 38 raised stakes. 28.53 million shares or 2.73% more from 27.77 million shares in 2017Q3 were reported.

Wellington Group Inc Inc Ltd Liability Partnership holds 582,615 shares. Stratos Wealth Prns Ltd accumulated 0% or 1,249 shares. Assetmark Inc invested in 102,578 shares or 0.04% of the stock. Point72 Asset L P holds 0.04% or 284,574 shares. Goldman Sachs reported 0% stake. The New York-based D E Shaw And Incorporated has invested 0% in CRH plc (LON:CRH). Citigroup Inc invested in 234,006 shares. Morgan Stanley reported 0% stake. 302,000 were accumulated by Teachers Retirement Systems Of The State Of Kentucky. 174 were accumulated by Ubs Asset Mngmt Americas Inc. Ameriprise Fincl Incorporated reported 96,803 shares stake. 1,738 were reported by Regions Fincl Corp. Fulton National Bank Na reported 0.03% in CRH plc (LON:CRH). Natl Bank Of America Corp De holds 1.08 million shares or 0.01% of its portfolio. Reilly Fincl Limited Liability Corp holds 121 shares or 0% of its portfolio.

CRH PLC (LON:CRH) Rating Reaffirmed

Recently, In a report revealed to investors on Wednesday morning, CRH PLC (LON:CRH) shares have had their “In Line” Rating kept by equity analysts at Morgan Stanley, who currently has a GBX 37.00 price target on company. This target by Morgan Stanley would suggest the possibile downside of -98.68 % from the previous close.

CRH plc (LON:CRH) Ratings Coverage

Among 5 analysts covering Crh (LON:CRH), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Crh has GBX 2870 highest and GBX 32 lowest target. GBX 2158’s average target is -21.78% below currents GBX 2759 stock price. Crh had 5 analyst reports since January 10, 2018 according to SRatingsIntel. The firm has “Hold” rating by Deutsche Bank given on Wednesday, January 10. The firm has “Add” rating by Numis Securities given on Thursday, April 26. The rating was maintained by Credit Suisse on Monday, March 5 with “Add”. The firm has “Top Pick” rating by Barclays Capital given on Friday, March 9. The firm earned “Buy” rating on Thursday, March 15 by Jefferies.

The stock decreased 2.02% or GBX 57 during the last trading session, reaching GBX 2759. About 2.07M shares traded or 0.42% up from the average. CRH plc (LON:CRH) has 0.00% since May 24, 2017 and is . It has underperformed by 11.55% the S&P500.

CRH plc, through its subsidiaries, manufactures and distributes building materials. The company has market cap of 23.19 billion GBP. The firm operates through seven divisions: Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products, Americas Distribution, and Asia. It has a 9.95 P/E ratio. The firm makes and supplies cement, aggregates, ready-mixed and precast concrete, concrete landscaping, and asphalt products; and construction accessories, shutters and awnings, and fencing and composite access chambers.

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.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: