CRH

In pole position entering 2023

  • Sectors : Building Materials
  • Companies : CRH

Ratings and price correct at time of issue.

  • CRH

    Closing Price: 5126c

  • RATING 23/05/12

  • PREVIOUS RATING 12/01/12

    NEUTRAL

DAVY VIEW

Further evidence of the effectiveness and execution of the integrated solutions strategy, a strong balance sheet and positive growth potential in US infrastructure and heavy non-residential mean CRH is well-positioned in 2023 and beyond. We increase our 2023 EBITDA estimate by 4.5%; at just 7.6x EV/EBITDA, we believe that the shares offer compelling value.

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Mar 10 2023, 06:55 GMT

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