Breedon Group’s (BREE) “Buy” Rating Reiterated at Peel Hunt

Breedon Group (LON:BREE)‘s stock had its “buy” rating reiterated by stock analysts at Peel Hunt in a research report issued to clients and investors on Thursday, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts have also issued reports on BREE. Shore Capital reaffirmed a “buy” rating on shares of Breedon Group in a research report on Wednesday, November 20th. Barclays increased their price target on Breedon Group from GBX 78 ($1.03) to GBX 92 ($1.21) and gave the company an “equal weight” rating in a research report on Monday, January 20th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 76 ($1.00) price target on shares of Breedon Group in a research report on Wednesday, January 8th. Davy Research raised Breedon Group to an “outperform” rating in a research report on Friday, November 22nd. Finally, Berenberg Bank increased their price target on Breedon Group from GBX 105 ($1.38) to GBX 110 ($1.45) and gave the company a “buy” rating in a research report on Friday, January 24th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of GBX 88.50 ($1.16).

BREE stock opened at GBX 99.60 ($1.31) on Thursday. The company has a debt-to-equity ratio of 45.56, a current ratio of 1.17 and a quick ratio of 0.92. The firm has a market capitalization of $1.68 billion and a P/E ratio of 23.16. The business’s 50-day moving average is GBX 89.49 and its two-hundred day moving average is GBX 71.95. Breedon Group has a 1 year low of GBX 56 ($0.74) and a 1 year high of GBX 101.50 ($1.34).

In other Breedon Group news, insider Clive Watson bought 37,500 shares of the business’s stock in a transaction dated Monday, January 20th. The shares were acquired at an average price of GBX 90 ($1.18) per share, with a total value of £33,750 ($44,396.21).

About Breedon Group

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.

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Analyst Recommendations for Breedon Group (LON:BREE)

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