DA Davidson initiated coverage of CRH with a Buy rating and $82 price target. CRH, a multi-national construction materials, building products and infrastructure services participant was “always on the map,” but its recent primary listing conversion to the NYSE should enhance visibility with the U.S. investor base, the analyst tells investors. U.S. market tailwinds support gains for its Americas platform, which represents the majority of EBITDA, the analyst added.
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