Truist raises CRH stock price target to $120 on 2027 pricing outlook
Truist Securities raised its price target on CRH (NYSE:CRH) to $120 from $105, citing expected 2027 price increases. The stock is down 26% YTD. CRH reported mixed Q3 2026 results, beating EPS estimates but missing revenue targets. DA Davidson also lowered its price target to $114. Both firms maintain Buy ratings.
How this was made
The 30-second read
Why it matters
The analyst upgrade may attract short-term buying, but cost headwinds could temper long-term gains.
Market read
The price target increase offers a modest trading catalyst for CRH, with potential spillover to the broader materials sector.
What to watch
Potential macro slowdown in construction demand and higher input costs may limit upside.
Background
Truist Securities upgraded CRH with a new $120 price target after the company reported mixed Q3 2026 results and lowered guidance due to cost inflation.
Ticker impact
Truist raised its price target on CRH to $120 and noted lower guidance for 2026, indicating potential upside.
likely upward pressure as investors price in the higher target and 2027 price increase expectations
Target increase from $105 to $120 reflects confidence in future pricing power, which can drive buying interest.
Market effects
Higher target may lift other building-materials stocks as investors reassess sector pricing power.
European construction sector could see modest gains.
Limited to materials sector; no broad market effect.
Counterpoint
The guidance downgrade and cost pressures could outweigh the target raise, keeping the stock under pressure.
Key entities
- analystTruist Securities
Provided the price target raise and commentary on 2027 pricing outlook.
- companyCRH plc
European building materials group whose stock is the subject.
