UBS confirms its Buy recommendation on the stock and again raises its price target to 5560 pence (from 5060 pence).

' We believe that CRH still offers attractive upside potential thanks to its valuation and the implementation of its growth strategy', says UBS.

'The outlook looks reasonably bright with the support of end markets and the firepower of the balance sheet', says the broker in the summary of its note on the Irish building materials supplier.

Copyright (c) 2023 CercleFinance.com. All rights reserved.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.