Rothschild Redburn on Monday raised its target price for CRH plc (NYSE:CRH) to $146.00 from $130.00 and reiterated a Buy rating on the shares. The firm calculated that the new target equates to a roughly 19% upside from CRH’s most recently reported share price of $122.84, while noting the stock is trading close to its 52-week peak of $131.55.
In its commentary, Rothschild Redburn also described the new price target as representing a potential 17% upside for the building materials group, a figure presented alongside other performance measures underlining the firm’s view of CRH’s momentum. The company has seen its market value triple over the prior three-year period and currently carries a market capitalization of $82.9 billion. InvestingPro data cited by analysts shows CRH delivered a 22.6% total return over the past 12 months.
On valuation, Rothschild Redburn noted that CRH is trading at 11.3x 2026 EV-EBITDA. That multiple sits about 12% below the 12.8x multiple observed for comparable companies in the U.S. Heavyside sector, according to the firm. The analysts argued that CRH’s international operations should not be treated as a drag on valuation, pointing to the company’s results and the multiples seen among geographically diverse U.S. peers.
The firm also pointed to potential corporate actions involving CRH’s Americas Building business as a factor that could add support to the stock’s valuation if such moves occur. CRH is assigned a "GREAT" financial health score on InvestingPro, and published analyst price targets for the stock range from $96 to $164, indicating a spread of views on the company’s near- to medium-term growth path.
In related industry commentary, Jefferies has highlighted a potential influence on construction demand from an El Niño event that is expected to form by fall 2026. Jefferies suggested that El Niño could lengthen the U.S. construction season, potentially creating favorable conditions for firms such as CRH, Amrize, and Heidelberg. At the same time, Jefferies cautioned that elevated seasonal temperatures tied to such a pattern could present logistical challenges, especially for waterway transport, which could affect supply chain and distribution dynamics.
The combination of a raised analyst target, a Buy rating, a relative valuation discount to U.S. Heavyside peers, and the potential macro influence of weather patterns provides the context Rothschild Redburn and Jefferies used to frame near-term prospects for CRH. Market participants will weigh these factors alongside the broad range of analyst price targets and the company’s recent performance when assessing the stock.