Pat Ward Purchases 75,000 Shares of Breedon Group PLC (BREE) Stock

Breedon Group PLC (LON:BREE) insider Pat Ward acquired 75,000 shares of the company’s stock in a transaction dated Thursday, October 11th. The shares were bought at an average cost of GBX 65 ($0.85) per share, for a total transaction of £48,750 ($63,700.51).

LON:BREE opened at GBX 68 ($0.89) on Friday. Breedon Group PLC has a one year low of GBX 74 ($0.97) and a one year high of GBX 92.50 ($1.21).

BREE has been the topic of a number of research analyst reports. Peel Hunt boosted their price objective on shares of Breedon Group from GBX 92 ($1.20) to GBX 93 ($1.22) and gave the company an “add” rating in a report on Wednesday, September 5th. Shore Capital reissued a “buy” rating on shares of Breedon Group in a report on Wednesday, September 5th. Finally, Numis Securities reissued a “buy” rating and set a GBX 105 ($1.37) price objective (up from GBX 96 ($1.25)) on shares of Breedon Group in a report on Thursday, September 6th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of GBX 93.86 ($1.23).

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.

See Also: Outstanding Shares

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