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Sep 20 2023, 07:00 IST/BST
CRH’s primary listing will move to the US on Monday, September 25th. This is a significant event for the share, but the underlying business has no such destination in sight. Its journey is nascent and we envisage accelerated growth, capital deployment and scaling of its differentiated strategy over the next five years. We also reiterate our conviction in the upside to existing levels and set a new price target of $75 per share, 40% above the current price.