Breedon Group (LON:BREE) Given Outperform Rating at Royal Bank of Canada

Royal Bank of Canada restated their outperform rating on shares of Breedon Group (LON:BREE) in a report issued on Friday, MarketBeat reports. The brokerage currently has a GBX 575 ($7.21) price target on the stock.

Breedon Group Stock Performance

Shares of BREE stock opened at GBX 466.50 ($5.85) on Friday. The company’s fifty day moving average price is GBX 432.26 and its 200-day moving average price is GBX 411.17. The stock has a market cap of £1.60 billion, a PE ratio of 1,673.21, a price-to-earnings-growth ratio of 1.56 and a beta of 1.29. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 44.85. Breedon Group has a 12 month low of GBX 328 ($4.11) and a 12 month high of GBX 470.50 ($5.90).

Insider Buying and Selling at Breedon Group

In other news, insider Clive Watson purchased 261 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The shares were bought at an average price of GBX 457 ($5.73) per share, for a total transaction of £1,192.77 ($1,495.26). Insiders own 23.90% of the company’s stock.

About Breedon Group

Breedon Group plc, together with its subsidiaries, engages in the quarrying, manufacture, and sale of construction materials and building products primarily in the United Kingdom, Republic of Ireland, and internationally. It offers various aggregates, such as crushed rock, high polished stone value, sand and gravel, self-binding gravels, decorative aggregates, recycled aggregates, white limestone products, agricultural lime, granular mineral fillers, and welsh slates for use in the construction market.