CRH PLC: Jefferies raises target price to $165.6 from $149

Jefferies has raised its price target for CRH PLC (NYSE: CRH) to $165.6 from $149, while maintaining its Buy rating. The firm cited potential inclusion in the S&P 500 index during the December 2025 revision as a key catalyst for the upward adjustment. If selected, CRH could see significant passive fund inflows, with Jefferies estimating purchase of approximately 114.24 million shares, equivalent to about 27 days of average trading volume. The stock is currently trading near its 52-week high of $121.99 and has a consensus analyst rating of Buy, with 42% of analysts recommending Strong Buy.

Jefferies also highlighted CRH’s strong fundamentals, including organic growth driven by U.S. infrastructure spending, potential European volume recovery, and continued margin expansion. The company reported third-quarter 2025 earnings with an EPS of $2.21, exceeding expectations, although revenue fell slightly short at $11.06 billion. Analysts remain optimistic about CRH’s long-term prospects, with a current price target of $139.42, based on aggregated Wall Street forecasts. However, challenges such as foreign exchange headwinds and inflationary pressures remain concerns for some analysts.