CRH (NYSE:CRH) Stock Price Expected to Rise, Morgan Stanley Analyst Says

CRH (NYSE:CRH – Get Free Report) had its price target upped by analysts at Morgan Stanley from $95.00 to $104.00 in a research report issued on Monday,Benzinga reports. The firm presently has an “overweight” rating on the construction company’s stock. Morgan Stanley’s price target suggests a potential upside of 3.84% from the company’s current price. [...]

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CRH ( NYSE:CRH – Get Free Report ) had its price target upped by analysts at Morgan Stanley from $95.00 to $104.00 in a research report issued on Monday, Benzinga reports.

The firm presently has an “overweight” rating on the construction company’s stock. Morgan Stanley’s price target suggests a potential upside of 3.84% from the company’s current price.



A number of other research analysts have also recently issued reports on the stock. Barclays started coverage on shares of CRH in a report on Tuesday, October 29th. They issued an “overweight” rating and a $110.

00 target price for the company. Truist Financial raised their price objective on CRH from $110.00 to $120.

00 and gave the company a “buy” rating in a research note on Friday, November 8th. DA Davidson boosted their target price on CRH from $100.00 to $110.

00 and gave the stock a “buy” rating in a research report on Friday, August 9th. Finally, StockNews.com cut CRH from a “buy” rating to a “hold” rating in a research report on Friday, August 16th.

One research analyst has rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $105.55.

Get Our Latest Stock Report on CRH CRH Stock Down 2.1 % Hedge Funds Weigh In On CRH Institutional investors have recently modified their holdings of the company. GHP Investment Advisors Inc.

boosted its position in CRH by 336.4% during the second quarter. GHP Investment Advisors Inc.

now owns 336 shares of the construction company’s stock worth $25,000 after acquiring an additional 259 shares during the last quarter. Deseret Mutual Benefit Administrators acquired a new position in CRH in the third quarter valued at $25,000. UMB Bank n.

a. lifted its position in CRH by 72.7% during the third quarter.

UMB Bank n.a. now owns 297 shares of the construction company’s stock worth $28,000 after buying an additional 125 shares during the period.

Meeder Asset Management Inc. acquired a new stake in CRH in the 3rd quarter worth about $35,000. Finally, Baillie Gifford & Co.

increased its stake in shares of CRH by 70.7% during the 3rd quarter. Baillie Gifford & Co.

now owns 391 shares of the construction company’s stock valued at $36,000 after acquiring an additional 162 shares during the last quarter. Institutional investors and hedge funds own 62.50% of the company’s stock.

CRH Company Profile ( Get Free Report ) 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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