Breedon Group plc (LON:BREE) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Breedon Group plc (LON:BREEGet Free Report) has been given an average recommendation of “Moderate Buy” by the six research firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is GBX 448.33.

Several analysts have issued reports on the stock. Berenberg Bank reiterated a “buy” rating and issued a GBX 465 target price on shares of Breedon Group in a research note on Wednesday, June 10th. Citigroup decreased their price target on shares of Breedon Group from GBX 340 to GBX 310 and set a “neutral” rating on the stock in a report on Wednesday, June 24th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 475 price objective on shares of Breedon Group in a research report on Thursday.

Check Out Our Latest Research Report on Breedon Group

Breedon Group Price Performance

BREE stock traded up GBX 13.50 during mid-day trading on Thursday, reaching GBX 329.80. 1,472,700 shares of the company traded hands, compared to its average volume of 7,261,251. The company has a debt-to-equity ratio of 53.71, a current ratio of 1.35 and a quick ratio of 1.12. The company has a market capitalization of £1.14 billion, a P/E ratio of 13.63, a P/E/G ratio of 1.56 and a beta of 1.06. Breedon Group has a 52-week low of GBX 271.40 and a 52-week high of GBX 383.80. The company has a fifty day moving average price of GBX 298.55 and a 200-day moving average price of GBX 316.69.

Breedon Group (LON:BREEGet Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported GBX 9.40 EPS for the quarter. Breedon Group had a net margin of 4.89% and a return on equity of 7.14%. As a group, analysts anticipate that Breedon Group will post 36.8586859 earnings per share for the current year.

Breedon Group News Summary

Here are the key news stories impacting Breedon Group this week:

Insiders Place Their Bets

In other Breedon Group news, insider Clive Watson purchased 11,271 shares of the stock in a transaction on Monday, May 11th. The shares were purchased at an average price of GBX 301 per share, with a total value of £33,925.71. In the last 90 days, insiders bought 16,411 shares of company stock valued at $4,937,100. 23.27% of the stock is owned by corporate insiders.

About Breedon Group

(Get Free Report)

Breedon Group plc, a leading vertically-integrated construction materials group in Great Britain, Ireland and the USA, delivers essential products to the construction sector. Breedon holds 1.5bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services, including specialty materials, surfacing and highway maintenance operations, to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants.

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Analyst Recommendations for Breedon Group (LON:BREE)

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