Breedon Group plc (LON:BREE) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Breedon Group plc (LON:BREE) have been given an average recommendation of “Moderate Buy” by the six analysts that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 451.67.

A number of research firms have recently weighed in on BREE. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 465 price objective on shares of Breedon Group in a research note on Friday, July 31st. Citigroup boosted their price target on Breedon Group from GBX 310 to GBX 330 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 475 price target on shares of Breedon Group in a research note on Thursday, July 30th.

Breedon Group Trading Up 0.1%

Shares of Breedon Group stock opened at GBX 355.31 on Monday. The company has a market capitalization of £1.23 billion, a P/E ratio of 15.06, a P/E/G ratio of 1.56 and a beta of 1.08. The company has a debt-to-equity ratio of 62.39, a quick ratio of 1.12 and a current ratio of 1.40. The company has a fifty day moving average of GBX 325.66 and a 200 day moving average of GBX 318.44. Breedon Group has a fifty-two week low of GBX 271.40 and a fifty-two week high of GBX 383.80.

Breedon Group (LON:BREE) last issued its quarterly earnings results on Wednesday, July 29th. The company reported GBX 9.40 earnings per share (EPS) for the quarter. Breedon Group had a return on equity of 6.73% and a net margin of 4.66%. On average, sell-side analysts anticipate that Breedon Group will post 36.8586859 earnings per share for the current fiscal year.

About Breedon Group

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 1.7bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants. The Group’s two well-invested cement plants manufacture a product which is key to delivering infrastructure and housing, and are actively engaged in carbon reduction practices.