Wells Fargo cuts target for CRH stock to USD 106
Published on 10/07/2026 at 10:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
CRH (IE0001827041) was trading at EUR 74.54 at Lang & Schwarz on October 7, 2026 at 10:19 a.m. CEST, plus 0.46 percent versus the EUR 74.20 prior close. On October 5, 2026, Wells Fargo lowered its price target for CRH from USD 107.00 to USD 106.00 while maintaining an Overweight rating, as Markets Insider reported.
Wells Fargo flags 2026 pressure
The revised USD 106.00 target remains 47.81 percent above the Lang & Schwarz price, using the two values in their respective currencies only as separate market context rather than a return calculation. Wells Fargo cited possible third-quarter weakness, potential 2026 guidance cuts, public spending concerns and housing headwinds in the October 5 note, according to Markets Insider.
The target change matters because it contrasts with the companys recent operating performance. CRH has also faced a weaker share-price backdrop, with the NYSE quotation at USD 83.60 on October 6, 2026 and a 52-week range of USD 80.13 to USD 131.55.
Second-quarter revenue climbs
For the quarter ended June 30, 2026, CRH reported revenue of USD 10.78 billion, compared with USD 8.71 billion in the prior-year quarter. Net profit reached USD 1.49 billion, versus USD 1.12 billion a year earlier, according to Markets Insider.
CRH also reported diluted earnings per share of USD 2.21 for the second quarter, against consensus of USD 2.02, while revenue exceeded the USD 10.68 billion consensus estimate, according to MarketBeat. CRH says its second-quarter 2026 results were published on July 30, 2026, on its investor relations page.
Stock remains below its yearly high
At USD 83.60 on the NYSE on October 6, 2026, CRH stood 36.46 percent below its USD 131.55 52-week high. Its USD 55.9 billion market capitalization and construction-materials exposure leave the analyst debate centered on infrastructure demand, housing activity and the durability of pricing.
Yahoo Finance lists October 29, 2026 as CRH's next earnings date, while the companys second-quarter figures provide the next reported benchmark for the target revision. At Lang & Schwarz, CRH was trading at EUR 74.54 on October 7, 2026 at 10:19 a.m. CEST, plus 0.46 percent versus the EUR 74.20 prior close.
The further course of trading is shown by the continuously updated real-time quote of CRH stock.
CRH stock facts
- Company: CRH plc
- ISIN: IE0001827041
- Ticker: CRH
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 7, 2026, 10:19 a.m. CEST): EUR 74.54
- Change versus prior close: plus 0.46 percent
- Prior close Lang & Schwarz (October 6, 2026): EUR 74.20
- Market capitalization: USD 55.9 billion (as of October 6, 2026)
- 52-week range: USD 80.13-131.55 (as of October 6, 2026)
- Sector / Industry: Basic Materials / Building Materials
- Next earnings date: October 29, 2026
