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Enter Symbol:
 
Crh Plc (CRH) [hlAlert]

Rating:
Hold CRH
down 55.56 %

Crh Plc (CRH) downgraded to Hold by BB&T Capital Mkts

Posted on: Wednesday,  Nov 5, 2008  8:25 AM ET by BB&T Capital Mkts

BB&T Capital Mkts rated Hold Crh Plc (NYSE: CRH) on 11/05/2008. Previously BB&T Capital Mkts rated Buy Crh Plc (NYSE: CRH) on
07/13/2007., when the stock price was $51.47. Since then, Crh Plc has lost 55.57% as of 11/05/2008's recent price of $22.87.
If you would have followed the previous BB&T Capital Mkts's recommendation on CRH, you would have lost 55.56% of your investment in 481 days.

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.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/5/2008 8:25 AM Hold
None
22.87
as of 12/24/2008
1 Week down  -3.15 %
1 Month up  4.47 %
3 Months down  -2.30 %
1 YTD down  -42.43 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/13/2007 9:25 AM Buy
None
51.47 23.00

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