CRH PLC
CRH: XLON (GBR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
GBX 8,355.00 | Pggxcs | Yrbfdkkby |
CRH Remains the Most Defensive Business Among Our European Building Materials Manufacturers
Business Strategy and Outlook
We commend CRH’s strategic repositioning toward being a one-stop shop for construction customers by integrating upstream and downstream activities. The group’s increased exposure to publicly funded infrastructure and repair activity has also proved to be more resilient during an economic downcycle. CRH is well positioned to capitalize on various government stimulus programs.