Breedon Group (LON:BREE) Insider Clive Watson Buys 436 Shares

Breedon Group plc (LON:BREE) insider Clive Watson purchased 436 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The shares were bought at an average price of GBX 333 per share, with a total value of £1,451.88.

Breedon Group Stock Performance

Shares of BREE stock traded up GBX 0.60 during trading on Wednesday, reaching GBX 333.20. The company had a trading volume of 966,768 shares, compared to its average volume of 1,809,775. The firm’s 50 day simple moving average is GBX 348.89 and its two-hundred day simple moving average is GBX 385.88. Breedon Group plc has a one year low of GBX 321.80 and a one year high of GBX 501. The company has a debt-to-equity ratio of 44.86, a current ratio of 1.44 and a quick ratio of 1.12. The company has a market capitalization of £1.15 billion, a PE ratio of 12.82, a PEG ratio of 1.56 and a beta of 1.29.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on BREE. Royal Bank Of Canada decreased their price objective on shares of Breedon Group from GBX 575 to GBX 525 and set an “outperform” rating for the company in a report on Friday, November 7th. Citigroup cut their target price on shares of Breedon Group from GBX 410 to GBX 360 and set a “neutral” rating for the company in a research report on Wednesday, October 22nd. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 540 price target on shares of Breedon Group in a research report on Monday, September 8th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 486.25.

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 1.5bn 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.