Peel Hunt reissued their buy rating on shares of Breedon Group (LON:BREE) in a research note released on Monday, ThisIsMoney.Co.Uk reports.
BREE has been the topic of a number of other research reports. Shore Capital restated a buy rating on shares of Breedon Group in a report on Wednesday, March 11th. Peel Hunt restated a buy rating and set a GBX 76 ($1.00) price target on shares of Breedon Group in a report on Wednesday, January 8th. Berenberg Bank cut their price target on shares of Breedon Group from GBX 110 ($1.45) to GBX 105 ($1.38) and set a buy rating on the stock in a report on Tuesday, March 17th. Finally, Barclays raised their price target on shares of Breedon Group from GBX 92 ($1.21) to GBX 94 ($1.24) and gave the company an equal weight rating in a report on Thursday, March 12th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Breedon Group presently has an average rating of Buy and a consensus price target of GBX 87.75 ($1.15).
Breedon Group stock opened at GBX 65.40 ($0.86) on Monday. The company has a market capitalization of $1.10 billion and a P/E ratio of 14.22. The firm’s fifty day simple moving average is GBX 87.91 and its 200-day simple moving average is GBX 76.84. The company has a current ratio of 1.07, a quick ratio of 0.81 and a debt-to-equity ratio of 37.43. Breedon Group has a 1-year low of GBX 56 ($0.74) and a 1-year high of GBX 101.50 ($1.34).
In other news, insider Clive Watson bought 37,500 shares of the stock in a transaction that occurred on Monday, January 20th. The shares were acquired at an average cost of GBX 90 ($1.18) per share, for a total transaction of £33,750 ($44,396.21).
Breedon Group Company Profile
Breedon Group plc, formerly Breedon Aggregates Limited, is an independent construction materials company. The Company’s operations include a cement plant, two cementitious import terminals, approximately 60 quarries, over 30 asphalt plants, over 200 ready-mixed concrete plants and three concrete products plants.
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