Breedon Group PLC (BREE) Given Average Rating of “Buy” by Brokerages
Shares of Breedon Group PLC (LON:BREE) have earned an average recommendation of “Buy” from the six ratings firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is GBX 89 ($1.15).
BREE has been the topic of a number of research analyst reports. Peel Hunt upped their price objective on shares of Breedon Group PLC from GBX 81 ($1.05) to GBX 90 ($1.16) and gave the stock a “buy” rating in a research note on Monday, June 19th. Jefferies Group LLC increased their price target on shares of Breedon Group PLC from GBX 92 ($1.19) to GBX 99 ($1.28) and gave the company a “buy” rating in a research report on Monday, June 26th. Finally, Shore Capital reissued a “buy” rating on shares of Breedon Group PLC in a research report on Tuesday, August 8th.
Breedon Group PLC (LON:BREE) opened at 88.25 on Friday. The stock’s 50 day moving average is GBX 89.86 and its 200-day moving average is GBX 83.60. Breedon Group PLC has a 1-year low of GBX 65.80 and a 1-year high of GBX 92.90. The firm’s market capitalization is GBX 1.25 billion.
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Breedon Group PLC Company Profile
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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