Breedon Aggregates Ltd (BREE) Given Consensus Recommendation of “Buy” by Analysts
Breedon Aggregates Ltd (LON:BREE) has been given a consensus rating of “Buy” by the five research firms that are covering the company. One analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is GBX 80.75 ($1.00).
Several research firms have issued reports on BREE. Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 82 ($1.01) price target on shares of Breedon Aggregates in a report on Thursday, August 11th. Jefferies Group lifted their price target on shares of Breedon Aggregates from GBX 70 ($0.87) to GBX 84 ($1.04) and gave the stock a “buy” rating in a report on Friday, July 29th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 77 ($0.95) price target on shares of Breedon Aggregates in a report on Thursday, July 21st. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 80 ($0.99) price target on shares of Breedon Aggregates in a report on Friday, July 22nd. Finally, Goodbody reaffirmed a “buy” rating on shares of Breedon Aggregates in a report on Monday, August 1st.
Breedon Aggregates (LON:BREE) traded up 0.18% during midday trading on Tuesday, hitting GBX 70.25. The stock had a trading volume of 1,107,518 shares. The firm has a 50-day moving average of GBX 70.94 and a 200 day moving average of GBX 70.21. Breedon Aggregates has a 52-week low of GBX 52.85 and a 52-week high of GBX 77.13. The firm’s market capitalization is GBX 809.01 million.
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In other news, insider Williams,David sold 6,710,636 shares of Breedon Aggregates stock in a transaction 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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