Credit Suisse Raises CRH PLC to Neutral (CRH)

By admin | 6 years ago

CRH PLC (NYSE: CRH) was upgraded by analysts at Credit Suisse (NYSE: CS) from an “underperform” rating to a “neutral” rating in a research report issued to clients and investors on Tuesday.

A number of other analysts have also recently weighed in on CRH. Analysts at JPMorgan Chase (NYSE: JPM) upgraded shares of CRH PLC from an “underweight” rating to an “overweight” rating in a research note to investors on Friday, April 27th. Separately, analysts at Sanford C. Bernstein downgraded shares of CRH PLC from an “outperform” rating to a “market perform” rating in a research note to investors on Friday, March 2nd. Finally, analysts at Deutsche Bank (NYSE: DB) downgraded shares of CRH PLC from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, February 29th.

CRH PLC traded down 2.37% on Tuesday, hitting $17.74. CRH PLC has a 1-year low of $14.17 and a 1-year high of $22.81. The company has a market cap of $12.755 billion and a price-to-earnings ratio of 17.17.

CRH plc (CRH) is a diversified building material company, which manufactures and distributes building material products 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.

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