CRH price target raised to $120 from $115 at Berenberg

Berenberg raised the firm’s price target on CRH (CRH) to $120 from $115 and keeps a Buy rating on the shares. The firm says the company’s 2024 results encapsulated why it continues to maintain a positive view on the shares. With CRH generating 75% of its EBITDA in North America, Berenberg expects underlying market tailwinds to remain for the foreseeable future.