Breedon Aggregates Receives New Coverage from Analysts at Berenberg Bank (BREE)
Stock analysts at Berenberg Bank began coverage on shares of Breedon Aggregates (LON:BREE) in a report issued on Friday. The firm set a “buy” rating and a GBX 50 ($0.85) price target on the stock. Berenberg Bank’s price target would suggest a potential upside of 25.79% from the stock’s previous close.
Shares of Breedon Aggregates (LON:BREE) traded down 0.94% during mid-day trading on Friday, hitting GBX 39.7474. 883,052 shares of the company’s stock traded hands. Breedon Aggregates has a 52 week low of GBX 28.143 and a 52 week high of GBX 51.00. The stock’s 50-day moving average is GBX 40.80 and its 200-day moving average is GBX 42.76.
BREE has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Breedon Aggregates in a research note on Wednesday, July 23rd. They now have a GBX 58 ($0.98) price target on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Breedon Aggregates from GBX 45 ($0.76) to GBX 47 ($0.80) in a research note on Friday, July 18th. They now have a “hold” rating on the stock.
Breedon Aggregates Limited is a holding company. The Company is engaged in the quarrying, production and sale of aggregates and related activities.
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