Peel Hunt Reaffirms Buy Rating for Breedon Group (LON:BREE)
Peel Hunt reaffirmed their buy rating on shares of Breedon Group (LON:BREE) in a report published on Monday, ThisIsMoney.Co.Uk reports.
BREE has been the topic of several other research reports. Peel Hunt restated a buy rating and issued a GBX 76 ($1.00) target price on shares of Breedon Group in a research note on Wednesday, January 8th. Berenberg Bank reduced their target price on shares of Breedon Group from GBX 110 ($1.45) to GBX 105 ($1.38) and set a buy rating on the stock in a research note on Tuesday, March 17th. Shore Capital restated a buy rating on shares of Breedon Group in a research note on Wednesday, March 11th. Finally, Barclays boosted their target price on shares of Breedon Group from GBX 92 ($1.21) to GBX 94 ($1.24) and gave the company an equal weight rating in a research note on Thursday, March 12th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus price target of GBX 87.75 ($1.15).
Shares of LON:BREE opened at GBX 68.40 ($0.90) on Monday. Breedon Group has a 12 month low of GBX 56 ($0.74) and a 12 month 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. The company’s fifty day moving average price is GBX 88.35 and its 200 day moving average price is GBX 76.80. The firm has a market capitalization of $1.15 billion and a P/E ratio of 14.87.
Breedon Group 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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