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Feb 14 2018, 07:40 GMT
Building Materials
Positive commentary on US infrastructure markets; CRH a key beneficiary
- Sectors : Building Materials
- Companies : LafargeHolcim | HeidelbergCement AG | CRH | Buzzi Unicem
Ratings
Ratings and price correct at time of issue
| Company | Rating | Date | Previous Rating | Date | Closing Price |
|---|---|---|---|---|---|
| Buzzi Unicem | OUTPERFORM | 04/04/16 | Neutral | 05/08/15 | 2072c |
| CRH | OUTPERFORM | 23/05/12 | Neutral | 12/01/12 | 2765c |
| HeidelbergCement AG | OUTPERFORM | 16/06/17 | Neutral | 05/02/14 | 8240c |
| LafargeHolcim | UNDERPERFORM | 17/11/15 | Neutral | 29/07/15 | 5314 |
DAVY VIEW
The outlook for the US highway infrastructure market remains positive, according to Martin Marietta. Revenues from its Asphalt and RMC division are expected to increase by 11% in 2018. It is also positive on the potential impact of the new infrastructure plan announced by the Trump administration. CRH is the largest provider of raw materials into the US infrastructure market and will be a key beneficiary of these positive trends.
