RBC Capital Cuts CRH Price Target to $135

RBC Capital has reiterated its Outperform rating on CRH plc and lowered its price target to $135 from $165, a 62.20% upside from the current price.

By TradeTexts Research Desk · Published Oct 16, 2026, 2:06 PM EDT

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RBC Capital cut its price target on CRH plc ($CRH) to $135 from $165 on October 9, 2026, and rates the stock "Outperform".

Since the rating, $CRH is up 2.6% after 1 week and up 2.6% to date (from the $81.54 close on Oct 9, 2026).

CRH CRH plc

$83.63 -33.12% year to date

Daily close · Oct 16, 2026

Key Points

On October 9, 2026, RBC Capital reiterated its Outperform rating on CRH plc (NYSE: CRH) and set a price target of $135, down from $165.
RBC Capital's $135 price target implies 62.20% upside from CRH plc's ($CRH) current $83.23 share price.
The stock is currently trading at $83.23, which is about 38.3% below RBC's target price.
CRH plc has a dividend rate of $1.56 and will report its next earnings on October 29, 2026.

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RBC Capital reiterated its Outperform rating on CRH plc (NYSE: CRH) on October 9, 2026, and set a new price target of $135. This is a decrease from the previous target of $165. The stock recently traded at $83.23, placing it about 38.3% below the new target.

Other Institutional Activity in CRH

Several other funds hold significant stakes in CRH. Blackrock Inc. owns 53,986,446 shares valued at approximately $4.52 billion after increasing its holdings by 1,754,977 shares. Vanguard Capital Management LLC has 43,626,185 shares worth around $3.65 billion, having added 147,826 shares. State Street Corporation also grew its position, boosting its holdings by 3,168,019 shares for a total of 28,552,791 shares, worth about $2.39 billion.

CRH plc Stock Down 3.4%

CRH plc's stock is currently priced at $83.23, significantly lower than RBC's new target of $135. This suggests that the stock is trading at a considerable discount, which could attract investor interest. The shares are well below the target, indicating potential upside if the price moves closer to the analyst's expectations.

12-month forecast

$CRH price target

CRH plc daily closes and this analyst's $135 target. Not advice.

Recent Earnings

For the trailing twelve months, CRH reported a revenue of $38.63 billion and an earnings per share (EPS) of $5.66. The company has shown a revenue growth of 5.6% year-over-year and maintains a net margin of 9.9%. The next earnings report is scheduled for October 29, 2026.

Earnings drift grade

Outlook vs expectations on the last report — not price action.

C 57/100

Reported Apr 30, 2026

Forward outlook
Analyst view held steady after the report.
EPS & revenue
EPS beat estimates by 11.8%. Revenue beat estimates by 3.2%.
Profit surprise
EBITDA met by 0 percent.
Pre-earnings setup
Bar was high, analysts already very bullish.
Analyst signal
Earnings quality
Gross margin up 0.6 points. Operating margin down 0.6 points. Positive free cash flow.

Earnings Call Summary

CRH had a strong start to 2026 with revenue of $7.4 billion, up 9 percent from last year, driven by good early season project activity and disciplined pricing execution. The company is actively managing its portfolio by divesting $1.9 billion of noncore businesses and investing $900 million in nine acquisitions, including a $700 million deal for Axius Water to strengthen its water infrastructure platform. Margins expanded 70 basis points in the quarter as operational improvements and cost discipline offset mid-single-digit inflation in labor and materials.

Guidance CRH reaffirmed its full year adjusted EBITDA guidance of $8.1 billion to $8.5 billion and diluted earnings per share of $5.60 to $6.05. The company expects low to mid single-digit growth in aggregates and cement volumes and prices for the rest of the year, supported by strong infrastructure funding and project backlogs.

Neutral report. Results and guidance were close to expectations, with limited evidence of a reset either way.

Dividend

CRH plc pays an annual dividend of $1.56 per share, with a payout ratio of 26.9%. This indicates a commitment to returning value to shareholders while maintaining a healthy balance sheet.

Insider Buying and Selling at CRH plc

Insiders at CRH plc have made several purchases recently. On April 13, 2026, the company bought 100 shares at an average price of $115.95, totaling $11,595. This was followed by another purchase of 100 shares at $118.01 on April 14, worth $11,801. Further, on April 15 and April 17, they acquired 98 shares at prices of $116.36 and $118.88, respectively, totaling $11,403 and $11,650.

Analysts Set New Price Targets

On October 9, 2026, RBC Capital maintained its Outperform rating on CRH with a price target of $135, down from $165. Other firms have also maintained their ratings, with UBS setting a target of $135 and Citigroup at $106. The consensus among analysts indicates a generally positive outlook despite the adjustments in targets.

About CRH plc

CRH plc, headquartered in Dublin, Ireland, is a leading provider of building materials solutions. The company operates through segments in the Americas and internationally, focusing on various construction materials and services. RBC's recent rating adjustment reflects its ongoing analysis of market conditions and CRH's performance in the building materials sector.

Bottom Line

Investors should keep an eye on CRH's performance as it approaches its next earnings date on October 29, 2026. With RBC Capital's revised target and the stock trading below it, there may be opportunities for value investors. As always, monitor for further analyst updates and institutional activity.