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 | 6,454.00p |
Change Today | -14.00p |
% Change | -0.22 % |
52 Week High | 6,898.00p |
52 Week Low | 3,806.00p |
Volume | 139,455 |
Shares Issued | 685.69m |
Market Cap | £44,254m |
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 | |
---|---|---|
Q1 | 3rd Interim | |
Ex-Div | 23-May-24 | 14-Mar-24 |
Paid | 26-Jun-24 | 17-Apr-24 |
Amount | 35.00¢ | 35.00¢ |
Time | Volume / Share Price |
11:34 | 135 @ 6,455.04p |
11:33 | 67 @ 6,454.00p |
11:33 | 63 @ 6,454.00p |
11:31 | 600 @ 6,452.36p |
11:29 | 272 @ 6,454.00p |
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