Breedon Group plc (LON:BREE – Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 292.80 and last traded at GBX 293.80, with a volume of 529798 shares traded. The stock had previously closed at GBX 300.
Analysts Set New Price Targets
BREE has been the subject of a number of analyst reports. Berenberg Bank restated a “buy” rating and issued a GBX 465 price target on shares of Breedon Group in a research report on Monday, March 16th. Stifel Nicolaus decreased their target price on Breedon Group from GBX 430 to GBX 415 and set a “buy” rating for the company in a research report on Tuesday, March 31st. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 449.
Read Our Latest Report on BREE
Breedon Group Stock Performance
Breedon Group (LON:BREE – Get Free Report) last released its earnings results on Wednesday, March 11th. The company reported GBX 31.80 earnings per share for the quarter. Breedon Group had a return on equity of 7.14% and a net margin of 4.89%. On average, analysts forecast that Breedon Group plc will post 36.8586859 EPS for the current fiscal year.
Insider Buying and Selling at Breedon Group
In other news, insider James Brotherton sold 19,318 shares of the firm’s stock in a transaction on Monday, April 13th. The stock was sold at an average price of GBX 314, for a total transaction of £60,658.52. Also, insider Rob Wood sold 28,559 shares of the firm’s stock in a transaction on Monday, April 13th. The shares were sold at an average price of GBX 314, for a total value of £89,675.26. 42.70% of the stock is currently owned by company insiders.
Breedon Group Company Profile
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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