Jefferies Comments on CRH plc (CRH) Potential for SP500 Inclusion

Jefferies analyst Glynis Johnson reiterated a Buy rating and $140.00 price target on CRH plc (NYSE: CRH).

The analyst comments "Through the coming months we see scope for technical flows from passive funds to provide net underpin to the CRH share price. This we see as adding to the already strong investment case for the stock: organic growth underpinned by US Infra with scope for upgrades driven by a turnaround in volumes in Europe, stronger US pricing and margins, the contribution of further M&A, and a further re-rating potential. We now see opportunity for CRH to be included in the S&P500 in the US in the December revision. Based on discussions with our Index Strategy team and on similar precedents, below we address the possible influences these potential index inclusions could have on stock flow (recognising the ever evolving/uncertainty of markets and discretion of index committees). CRH is already included in the S&P TMI, and we believe meeting the additional eligibility criteria (financial viability & liquidity), we view that CRH is in the universe for inclusion in the S&P500. The S&P Committee is not obligated to make changes to the index every quarter. However we now see CRH as the leading new add candidate to be included in the S&P500 revision due to be announced on 5 December. Should CRH inclusion in the S&P500 occur, we estimate it could drive the purchase of 114.24m of shares (c27 days of av volume). For the next index update is 5th December 2025, effective 19 December 2025."

For an analyst ratings summary and ratings history on CRH plc click here. For more ratings news on CRH plc click here.

Shares of CRH plc closed at $119.96 yesterday.

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