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Enter Symbol:
 
Crh Plc (CRH) [hlAlert]

Rating:
Neutral CRH

Crh Plc (CRH) rated Neutral by HSBC Securities

Posted on: Tuesday,  Oct 23, 2012  8:25 AM ET by HSBC Securities

Crh Plc (NYSE:
CRH) rated Neutral by HSBC Securities.

CRH public limited company (CRH) is engaged in the manufacture and supply of a range of building materials and in the operation of builders merchanting and Do-It-Yourself (DIY) stores. The Company is organized into four divisions, two in Europe: Materials and Products & Distribution; and two in the Americas: Materials in the United States and Products & Distribution in the United States, Mexico, Canada, Chile and Argentina. Materials businesses are involved in the production of cement, aggregates, asphalt and readymixed concrete. Products businesses are involved in the production of concrete products and a range of construction-related products and services. Distribution businesses are engaged in the marketing and sale of builder?s supplies to the construction industry and of materials and products for the DIY market. During the year ended December 31, 2008, CRH acquired a 50% joint venture stake in My Home Industries Limited, a cement company. In 2008, it acquired Commercial Duomo.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/27/2016 10:25 AM Buy
None
26.26
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/30/2013 8:25 AM Sell
None
21.35
10/23/2012 8:25 AM Hold
None
17.72
9/19/2011 8:25 AM Hold
None
15.84

(*) Stock Price at the time of the recommendation.
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