Breedon Group (LON:BREE) PT Lowered to GBX 85 at Barclays

Breedon Group (LON:BREE) had its price target cut by Barclays from GBX 94 ($1.24) to GBX 85 ($1.12) in a research note published on Tuesday, Stock Target Advisor reports. They currently have an equal weight rating on the stock.

Several other research analysts have also weighed in on BREE. Berenberg Bank boosted their price objective on shares of Breedon Group from GBX 85 ($1.12) to GBX 95 ($1.25) and gave the stock a buy rating in a research note on Monday, May 4th. Shore Capital restated an under review rating on shares of Breedon Group in a research note on Thursday, March 26th. Finally, Peel Hunt restated a buy rating on shares of Breedon Group in a research note on Friday, May 1st. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Breedon Group currently has a consensus rating of Buy and a consensus price target of GBX 83 ($1.09).

Breedon Group stock opened at GBX 78.30 ($1.03) on Tuesday. The firm has a market capitalization of $1.32 billion and a PE ratio of 17.02. The company’s 50-day moving average is GBX 76.36 and its 200-day moving average is GBX 79.30. Breedon Group has a fifty-two week low of GBX 56 ($0.74) and a fifty-two week high of GBX 101.50 ($1.34). The company has a debt-to-equity ratio of 37.43, a current ratio of 1.07 and a quick ratio of 0.81.

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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