By Michele Maatouk
Date: Thursday 07 Jan 2021
LONDON (ShareCast) - (Sharecast News) - Societe Generale upgraded its rating on shares of CRH on Thursday to 'buy' from 'hold' as it said the building materials group is set to benefit from a Democratic majority in the US Senate.
The bank said it was lifting its long-term EBIT margin forecast from 11.1% to 12.2%, "reflecting the upside potential offered by a large US infrastructure plan".
Including an estimated 12-month dividend per share of 68.5p, projected 12-month total shareholder return is 26.6%, SocGen said, "which warrants an upgrade to buy".
At 1220 GMT, CRH shares were up 2% at 3,448p.
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Currency | UK Pounds |
Share Price | 6,274.00p |
Change Today | 78.00p |
% Change | 1.26 % |
52 Week High | 6,898.00 |
52 Week Low | 3,790.00 |
Volume | 206,335 |
Shares Issued | 686.75m |
Market Cap | £43,087m |
RiskGrade | 147 |
Value |
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Price Trend |
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Income |
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Growth |
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Latest | Previous | |
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3rd Interim | 2nd Interim | |
Ex-Div | 14-Mar-24 | 14-Dec-23 |
Paid | 17-Apr-24 | 17-Jan-24 |
Amount | 35.00¢ | 108.00¢ |
Time | Volume / Share Price |
14:58 | 81 @ 6,274.00p |
14:58 | 3 @ 6,274.00p |
14:57 | 98 @ 6,276.00p |
14:57 | 100 @ 6,276.00p |
14:57 | 2 @ 6,274.00p |
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