Jefferies Financial Group Issues Pessimistic Forecast for CRH (LON:CRH) Stock Price

CRH (LON:CRH) had its price objective dropped by Jefferies Financial Group from £115 to £108.14 in a report issued on Monday,London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 40.08% from the company’s previous close.

Separately, JPMorgan Chase & Co. lowered their price target on CRH from £102.56 to £100.33 and set an “overweight” rating on the stock in a research report on Wednesday, January 14th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, CRH has a consensus rating of “Buy” and a consensus price target of £104.11.

CRH Price Performance

LON:CRH traded up GBX 66 during midday trading on Monday, hitting GBX 7,720. 264,382 shares of the stock were exchanged, compared to its average volume of 1,820,007. The company has a market capitalization of £51.72 billion, a price-to-earnings ratio of 14.01, a P/E/G ratio of 1.91 and a beta of 1.20. The company has a current ratio of 1.48, a quick ratio of 1.37 and a debt-to-equity ratio of 82.09. CRH has a one year low of GBX 5,748 and a one year high of GBX 9,758. The business has a 50-day moving average price of GBX 8,591.57 and a two-hundred day moving average price of GBX 8,808.75.

About CRH

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.