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CRH (CRH) Stock Forecast & Price Target

$92.50
-0.74 (-0.79%)
(As of 09/27/2024 ET)

CRH - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
2
Buy
8

Based on 10 Wall Street analysts who have issued ratings for CRH in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 2 have given a hold rating, and 8 have given a buy rating for CRH.

Consensus Price Target

$95.70
3.46% Upside
According to the 10 analysts' twelve-month price targets for CRH, the average price target is $95.70. The highest price target for CRH is $110.00, while the lowest price target for CRH is $58.00. The average price target represents a forecasted upside of 3.46% from the current price of $92.50.

CRH Analyst Ratings Over Time

TypeCurrent Forecast
9/29/23 to 9/28/24
1 Month Ago
8/30/23 to 8/29/24
3 Months Ago
7/1/23 to 6/30/24
1 Year Ago
9/29/22 to 9/29/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
7 Buy rating(s)
3 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$95.70$95.70$93.11$6.50
Forecasted Upside3.46% Upside8.36% Upside24.18% Upside-88.12% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy

CRH Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

CRH Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

CRH Stock vs. The Competition

TypeCRHConstruction CompaniesS&P 500
Consensus Rating Score
2.80
2.57
2.50
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside3.46% Upside26.74% Upside6.14% Upside
News Sentiment Rating
Positive News

See Recent CRH News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/9/2024DA Davidson
3 of 5 stars
 Boost TargetBuy ➝ Buy$100.00 ➝ $110.00+32.24%
8/9/2024Truist Financial
2 of 5 stars
 Boost TargetBuy ➝ Buy$100.00 ➝ $110.00+34.90%
7/11/2024Citigroup
3 of 5 stars
 Lower TargetBuy ➝ Buy$109.00 ➝ $99.00+25.21%
7/9/2024Morgan Stanley
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 UpgradeEqual Weight ➝ Overweight$87.00 ➝ $88.00+18.53%
6/18/2024Stephens
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T. Grooms
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Initiated CoverageOverweight$95.00+20.68%
5/14/2024Royal Bank of Canada
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 Initiated CoverageOutperform$110.00+33.95%
4/15/2024Stifel Nicolaus
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 Reiterated RatingBuy ➝ Hold$80.00 ➝ $82.00-0.53%
3/22/2024Vertical Research
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 Initiated CoverageBuy$105.00+22.42%
3/4/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$89.70 ➝ $100.00+19.62%
11/6/2023The Goldman Sachs Group
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 Initiated CoverageNeutral$58.00+1.97%
6/15/2023Redburn Partners
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 Initiated CoverageBuy$6.50-87.97%
12/8/2022JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight€50.00 ➝ €48.00
11/23/2022Credit Suisse Group
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 Lower TargetOutperform ➝ Outperform€50.00 ➝ €48.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:03 PM ET.


Should I Buy CRH Stock? CRH Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 24, 2024. Please send any questions or comments about these CRH pros and cons to contact@marketbeat.com.

CRH
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in CRH plc:

  • CRH plc has consistently met or exceeded earnings per share estimates, indicating strong financial performance.
  • Analysts have set a target price of $95.70 for CRH plc, suggesting potential for stock price appreciation.
  • CRH plc offers a dividend yield of 1.7%, providing investors with a steady income stream.
  • Recent analyst reports have given CRH plc a "Moderate Buy" rating, indicating positive sentiment from experts.
  • CRH plc operates in multiple segments, diversifying its revenue streams and potentially reducing risk for investors.

CRH
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in CRH plc for these reasons:

  • CRH plc reported revenue below consensus estimates, which may raise concerns about future growth prospects.
  • Despite positive ratings, CRH plc has received some downgrades from analysts, indicating potential risks in the market.
  • The stock price of CRH plc has fluctuated, with a 1-year high of $91.02 and a 1-year low of $51.59, showing volatility.
  • CRH plc recently cut its dividend, which could impact investor confidence in the company's financial stability.
  • Market conditions and economic factors may influence the construction industry, affecting CRH plc's performance and stock price.

CRH Forecast - Frequently Asked Questions

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for CRH is $95.70, with a high forecast of $110.00 and a low forecast of $58.00.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CRH in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CRH shares.

According to analysts, CRH's stock has a predicted upside of 3.46% based on their 12-month stock forecasts.

Over the previous 90 days, CRH's stock had 1 upgrade by analysts.

CRH has been rated by research analysts at Citigroup, DA Davidson, Morgan Stanley, and Truist Financial in the past 90 days.

Analysts like CRH more than other "construction" companies. The consensus rating score for CRH is 2.80 while the average consensus rating score for "construction" companies is 2.57. Learn more on how CRH compares to other companies.


This page (NYSE:CRH) was last updated on 9/28/2024 by MarketBeat.com Staff
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