Breedon Aggregates Ltd (BREE) Receives GBX 80.75 Average Target Price from Analysts
Shares of Breedon Aggregates Ltd (LON:BREE) have earned an average rating of “Buy” from the five brokerages that are currently covering the stock. One investment analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is GBX 80.75 ($1.00).
BREE has been the subject of several recent research reports. Jefferies Group cut their price target on Breedon Aggregates from GBX 78 ($0.97) to GBX 70 ($0.87) and set a “buy” rating for the company in a research note on Wednesday, June 29th. Numis Securities Ltd reiterated an “add” rating and issued a GBX 82 ($1.01) price target on shares of Breedon Aggregates in a research note on Thursday, August 11th. Goodbody reiterated a “buy” rating on shares of Breedon Aggregates in a research note on Monday, August 1st. Peel Hunt reiterated a “buy” rating and issued a GBX 77 ($0.95) price target on shares of Breedon Aggregates in a research note on Thursday, July 21st. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 80 ($0.99) price target on shares of Breedon Aggregates in a research note on Friday, July 22nd.
Breedon Aggregates (LON:BREE) opened at 70.00 on Tuesday. Breedon Aggregates has a 12 month low of GBX 52.85 and a 12 month high of GBX 77.13. The firm has a 50-day moving average price of GBX 70.93 and a 200-day moving average price of GBX 70.15. The company’s market capitalization is GBX 806.13 million.
In other Breedon Aggregates news, insider Williams,David sold 6,710,636 shares of the business’s stock in a transaction that occurred on Friday, September 2nd. The shares were sold at an average price of GBX 72 ($0.89), for a total transaction of £4,831,657.92 ($5,979,774.65).
About Breedon Aggregates
Breedon Aggregates Limited is a United Kingdom-based holding company for companies involved in the quarrying, production and sale of aggregates and related activities. The Company is an integrated aggregates company. The principal activities of the Company are the quarrying of aggregates and the production of added value products, including asphalt and ready-mixed concrete, collectively known as aggregates, together with related activities in Great Britain and Jersey.
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