Deutsche Bank Aktiengesellschaft Reiterates Buy Rating for Breedon Group (LON:BREE)

Breedon Group (LON:BREEGet Free Report)‘s stock had its “buy” rating reaffirmed by stock analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Thursday,Digital Look reports. They currently have a GBX 475 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 43.87% from the company’s current price.

Other analysts also recently issued research reports about the stock. Berenberg Bank reissued a “buy” rating and set a GBX 465 target price on shares of Breedon Group in a research report on Wednesday, June 10th. Citigroup reduced their price target on shares of Breedon Group from GBX 340 to GBX 310 and set a “neutral” rating on the stock in a research report on Wednesday, June 24th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 448.33.

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Breedon Group Price Performance

BREE stock opened at GBX 330.17 on Thursday. The company has a market cap of £1.15 billion, a PE ratio of 13.64, a price-to-earnings-growth ratio of 1.56 and a beta of 1.06. The company has a current ratio of 1.35, a quick ratio of 1.12 and a debt-to-equity ratio of 53.71. The stock has a 50-day moving average price of GBX 298.55 and a two-hundred day moving average price of GBX 316.69. Breedon Group has a 12-month low of GBX 271.40 and a 12-month high of GBX 383.80.

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 return on equity of 7.14% and a net margin of 4.89%. As a group, research analysts predict that Breedon Group will post 36.8586859 EPS for the current year.

Insiders Place Their Bets

In other news, insider Clive Watson purchased 2,611 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average price of GBX 300 per share, with a total value of £7,833. Over the last ninety days, insiders have acquired 16,411 shares of company stock worth $4,937,100. 23.27% of the stock is currently owned by company insiders.

Key Breedon Group News

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

Breedon Group Company Profile

(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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