Truist Financial Lowers CRH (NYSE:CRH) Price Target to $130.00

CRH (NYSE:CRH) had its price target cut by investment analysts at Truist Financial from $140.00 to $130.00 in a report issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the construction company’s stock. Truist Financial’s price objective suggests a potential upside of 34.91% from the company’s current price.

Several other research analysts have also recently weighed in on the stock. Wells Fargo & Company reduced their price target on shares of CRH from $135.00 to $132.00 and set an “overweight” rating for the company in a report on Wednesday, July 8th. Sanford C. Bernstein restated an “outperform” rating on shares of CRH in a research note on Tuesday, June 23rd. Jefferies Financial Group boosted their price objective on shares of CRH from $149.00 to $165.60 and gave the stock a “buy” rating in a research report on Friday, June 26th. Morgan Stanley restated an “overweight” rating and set a $139.00 price objective on shares of CRH in a research note on Wednesday, April 15th. Finally, Weiss Ratings lowered CRH from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $140.47.

CRH Trading Down 3.4%

CRH stock opened at $96.36 on Friday. The firm has a market capitalization of $64.39 billion, a P/E ratio of 17.84, a PEG ratio of 1.72 and a beta of 1.32. The business has a 50-day moving average of $105.36 and a 200-day moving average of $111.47. CRH has a 1 year low of $93.58 and a 1 year high of $131.55.

CRH (NYSE:CRH) last issued its earnings results on Thursday, July 30th. The construction company reported $2.21 EPS for the quarter, beating the consensus estimate of $2.02 by $0.19. CRH had a net margin of 9.65% and a return on equity of 15.37%. The firm had revenue of $10.78 billion during the quarter, compared to the consensus estimate of $10.68 billion. During the same quarter in the prior year, the firm earned $1.94 earnings per share. The business’s quarterly revenue was up 5.6% on a year-over-year basis. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. Research analysts anticipate that CRH will post 5.96 EPS for the current fiscal year.

Institutional Investors Weigh In On CRH

Hedge funds have recently bought and sold shares of the stock. Flagship Harbor Advisors LLC bought a new position in shares of CRH during the fourth quarter worth approximately $26,000. Riggs Asset Managment Co. Inc. grew its position in shares of CRH by 1,835.3% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 329 shares of the construction company’s stock worth $30,000 after purchasing an additional 312 shares in the last quarter. Bell Investment Advisors Inc raised its position in shares of CRH by 51.2% in the first quarter. Bell Investment Advisors Inc now owns 304 shares of the construction company’s stock valued at $32,000 after buying an additional 103 shares in the last quarter. Kemnay Advisory Services Inc. bought a new position in CRH during the 4th quarter worth $33,000. Finally, Elyxium Wealth LLC acquired a new stake in shares of CRH during the 4th quarter worth $37,000. 62.50% of the stock is currently owned by institutional investors and hedge funds.

More CRH News

Here are the key news stories impacting CRH this week:

• Positive Sentiment: CRH reported second-quarter revenue of approximately $10.8 billion, up 6% year over year, supported by favorable pricing, resilient underlying demand and acquisitions. Net income rose 13% to $1.5 billion. CRH Reports Second Quarter 2026 Results
• Positive Sentiment: Adjusted earnings of $2.21 per share exceeded the $2.02 analyst consensus, while revenue of $10.78 billion also surpassed estimates of $10.68 billion. Earnings increased from $1.94 per share in the year-ago quarter. CRH Quarterly Earnings Results
• Positive Sentiment: Management outlined 2026 adjusted EBITDA guidance of $8.1 billion to $8.5 billion and said it is advancing its Arcosa transaction, which carries a targeted $175 million in synergies. Infrastructure-related demand and acquisitions remain important growth drivers. CRH EBITDA Guidance and Arcosa Deal
• Neutral Sentiment: CRH’s performance benefited from pricing and demand across its building-materials operations, with infrastructure, data-center and other nonresidential activity helping offset softer housing markets.
• Negative Sentiment: FY 2026 EPS guidance of $5.60-$6.05 has a midpoint of $5.83, modestly below the approximately $5.95 analyst consensus. That outlook may be the main reason the stock is lower despite the quarterly earnings and revenue beats. CRH Q2 Earnings and Guidance
• Negative Sentiment: Subdued residential activity remains a drag on some segments, while the large Arcosa transaction introduces execution, integration and regulatory risks before its expected completion.

About CRH

CRH plc, originally formed as Cement Roadstone Holdings in 1970 and headquartered in Dublin, Ireland, is a global building materials group. The company has grown from its Irish roots into one of the largest international suppliers of construction materials, expanding primarily through acquisitions and regional business development. CRH operates an integrated network of manufacturing and distribution businesses that serve both public and private construction markets.

CRH’s core activities include the production and distribution of aggregates, cement, asphalt, ready-mixed concrete and other bulk materials, together with a broad range of value-added building products such as precast concrete, masonry, bricks, roofing products, pipe and drainage systems, and construction accessories.