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CRH (CRH) Stock Forecast & Price Target

$91.70
+1.20 (+1.33%)
(As of 10/11/2024 08:50 PM 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
4.36% 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 4.36% from the current price of $91.70.

CRH Analyst Ratings Over Time

TypeCurrent Forecast
10/15/23 to 10/14/24
1 Month Ago
9/15/23 to 9/14/24
3 Months Ago
7/17/23 to 7/16/24
1 Year Ago
10/15/22 to 10/15/23
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)
8 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$91.90$6.50
Forecasted Upside4.36% Upside9.38% Upside11.23% Upside-88.70% 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.
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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
2.58
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside4.36% Upside26.60% Upside6.89% 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 Monday at 07:21 AM 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 Thursday, October 3, 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 (EPS) estimates, indicating strong financial performance.
  • Recent analyst price target upgrades, such as from $100.00 to $110.00, suggest positive sentiment and potential for stock price growth.
  • CRH plc offers a semi-annual dividend with a yield of 1.7%, providing investors with a steady income stream.
  • CRH plc operates in multiple segments internationally, diversifying its revenue sources and potentially reducing risk.
  • With a 1-year high of $91.02, CRH plc's stock price has shown strong growth potential.

CRH
Bear Case

red Wall Street bear icon

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

  • CRH plc recently reported revenue below analyst estimates, which may indicate potential challenges in revenue generation.
  • Despite positive analyst ratings, there are still hold ratings on the stock, suggesting some uncertainty in the market.
  • CRH plc's dividend yield of 1.7% may be lower compared to other investment opportunities offering higher yields.
  • There is a gap between analyst revenue estimates and actual reported revenue, which could impact investor confidence.
  • CRH plc's stock price has a 50-day moving average of $83.87, potentially indicating short-term price volatility.

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

According to analysts, CRH's stock has a predicted upside of 4.36% based on their 12-month stock forecasts.

CRH has been rated by research analysts at DA Davidson, 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 2.58. Learn more on how CRH compares to other companies.


This page (NYSE:CRH) was last updated on 10/14/2024 by MarketBeat.com Staff
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