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Enter Symbol:
 
Crh Plc (CRH) [hlAlert]

Rating:
Neutral CRH

Crh Plc (CRH) rated Neutral by Longbow

Posted on: Wednesday,  Apr 8, 2009  9:25 AM ET by Longbow

CRH Plc.
(CRH) rated Neutral by Longbow.

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.

Longbow Research is an independent institutional equity research firm based in Cleveland, OH. We provide bottom up fundamental research to over 200 institutional accounts throughout the U.S. and Canada. Our coverage list consists primarily of mid-cap NYSE-listed names, although we also cover a substantial list of small and large cap companies. Our sector focus is on basic materials, industrial, consumer, technology, health care and consumer/business services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/8/2009 9:25 AM Hold
None
21.68
as of 12/24/2008
1 Week   
1 Month   
3 Months   
1 YTD up  3.41 %

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