CRH outlook improves with construction activity

CRH outlook improves with construction activity
Published: 07 April 2016

Tagged Under: CRH FY15 

Strong American and European construction activity has prompted JP Morgan Cazenove to hike its rating on cement maker CRH. The investment bank upgraded the London-listed group's rating from 'neutral' to 'overweight', as it believes the company's valuation is 'relatively attractive'.







However, JP Morgan remained cautious on the outlook for emerging markets cement after prices fell in the fourth quarter.

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