CRH Stock Drops 2.27% in Third Consecutive Day of Losses Despite Strong 2025 Start and Goldman Sachs Price Target Increase

Generated by AI AgentAinvest Market Brief
Wednesday, May 7, 2025 8:00 pm ET1min read

On May 7, 2025,

(CRH) experienced a decline of 2.27%, marking its third consecutive day of losses, with a total decrease of 6.79% over the past three days. The trading volume for the day was 8.30 billion, ranking 86th in the overall market.

CRH plc has reported a strong start to 2025, with revenue and margin growth, leading to the reaffirmation of its full-year guidance. The company has maintained its adjusted EBITDA guidance range of $7.3 billion to $7.7 billion, reflecting its confidence in its financial performance for the year.

Goldman Sachs has updated its price target for CRH, increasing it from $96 to $105 while maintaining a Neutral rating on the stock. This adjustment comes as the company continues to demonstrate robust financial performance and strategic growth initiatives.

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