Analyst Rating Update on CRH PLC (CRH)

CRH PLC (CRH) : 1 analysts are covering CRH PLC (CRH) and their average rating on the stock is 1, which is read as a Strong Buy. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels.

Company shares have received an average consensus rating of Hold for the current week


CRH PLC (NYSE:CRH): The stock opened at $30.01 on Wednesday but the bulls could not build on the opening and the stock topped out at $30.18 for the day. The stock traded down to $30.00 during the day, due to lack of any buying support eventually closed down at $30.16 with a loss of -0.20% for the day. The stock had closed at $30.22 on the previous day. The total traded volume was 947,773 shares.

CRH PLC is a building materials company. The Company manufactures and supplies a range of building materials and products ranging from the fundamentals of heavy materials and elements to construct the frame. As of December 31, 2013, the Company operated in approximately 34 countries in North America, Europe, and Asia. The Company operates in six segments: Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products and Americas Distribution. The Companys products are used across various sectors, including in the residential, non-residential and infrastructure sectors. The Company has a 26% stake in associate Yatai Building Materials, which is engaged in building materials in Northeast China. In India, it has a 50% joint venture with My Home Industries Limited in southern state of Andhra Pradesh.

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