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Jefferies Remains a Buy on CRH plc (CRH)

Tipranks - Tipranks - Mon Feb 23, 4:36PM CST

Jefferies analyst Glynis Johnson maintained a Buy rating on CRH plc on February 20 and set a price target of p11,500.00. The company’s shares closed last Friday at $124.04.

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According to TipRanks, Johnson is a 5-star analyst with an average return of 10.9% and a 58.06% success rate. Johnson covers the Consumer Cyclical sector, focusing on stocks such as Barratt Redrow, Bellway, and Crest Nicholson Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for CRH plc with a p10,572.82 average price target, which is an 8,423.72% upside from current levels. In a report released on February 20, Bernstein also reiterated a Buy rating on the stock with a $145.00 price target.

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Based on CRH plc’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $11.07 billion and a net profit of $1.5 billion. In comparison, last year the company earned a revenue of $9.41 billion and had a net profit of $1.21 billion

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