Fly News Breaks for September 5, 2019
VMC, MLM, CRH
Sep 5, 2019 | 06:14 EDT
Deutsche Bank analyst Xavier Marchand upgraded CRH (CRH) to Buy from Hold and raised his price target for the shares to 35 euros from 31 euros. The second half of 2019 should mark an acceleration in the company's organic EBITDA growth, Marchand tells investors in a research note. Further, the analyst says CRH's valuation gap versus Martin Marietta (MLM) and Vulcan Materials (VMC) is at historically high levels.
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