CRH rally built on solid ground

The sustained rally in CRH, which has seen its share price rise by more than 30 per cent since hitting a weak point last October, looks well justified.

Stockbrokers were falling over themselves last week to upgrade earning forecasts for the current year, following a slightly better than expected set of results for 2005 and a reaffirmed upbeat outlook statement for the current year.

At under €27 per share, CRH is below the ...