CRH Plc [CRH] Is Currently 0.70 below its 200 Period Moving Avg: What Does This Mean?

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CRH Plc [NYSE: CRH] price surged by 0.70 percent to reach at $0.69.

The one-year CRH stock forecast points to a potential upside of 11.0. The average equity rating for CRH stock is currently 1.48, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on CRH Plc [CRH]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CRH shares is $112.21 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CRH stock is a recommendation set at 1.48. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

HSBC Securities have made an estimate for CRH Plc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 11, 2024. While these analysts kept the previous recommendation, Barclays raised their target price to Overweight. The new note on the price target was released on October 29, 2024, representing the official price target for CRH Plc stock. Previously, the target price had yet another raise from $87 to $88, while Morgan Stanley kept a Overweight rating on CRH stock.

The Average True Range (ATR) for CRH Plc is set at 1.95, with the Price to Sales ratio for CRH stock in the period of the last 12 months amounting to 1.92. The Price to Book ratio for the last quarter was 3.10, with the Price to Cash per share for the same quarter was set at 4.54. Price to Free Cash Flow for CRH in the course of the last twelve months was 27.93 with Quick ratio for the last quarter at 0.96.

CRH Stock Performance Analysis:

CRH Plc [CRH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.78. With this latest performance, CRH shares gained by 7.56% in over the last four-week period, additionally plugging by 20.50% over the last 6 months – not to mention a rise of 66.09% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CRH stock in for the last two-week period is set at 64.23, with the RSI for the last a single of trading hit 63.19, and the three-weeks RSI is set at 63.74 for CRH Plc [CRH]. The present Moving Average for the last 50 days of trading for this stock 92.51, while it was recorded at 100.43 for the last single week of trading, and 83.58 for the last 200 days.

Insight into CRH Plc Fundamentals:

CRH Plc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.96 and a Current Ratio set at 1.39.

CRH Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CRH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for CRH Plc go to 12.80%.

CRH Plc [CRH] Institutonal Ownership Details

There are presently around $86.73%, or 87.15%% of CRH stock, in the hands of institutional investors. The top three institutional holders of CRH stocks are: SCOPUS ASSET MANAGEMENT, L.P. with ownership of 0.72 million shares, which is approximately 0.1045%. SCOPUS ASSET MANAGEMENT, L.P., holding 100000.0 shares of the stock with an approximate value of $$7.5 million in CRH stocks shares; and SCOPUS ASSET MANAGEMENT, L.P., currently with $$7.18 million in CRH stock with ownership which is approximately 0.0139%.