Breedon Group PLC (LON:BREE) Given Buy Rating at Shore Capital
Breedon Group PLC (LON:BREE)‘s stock had its “buy” rating reaffirmed by research analysts at Shore Capital in a research note issued on Tuesday.
Other equities research analysts have also recently issued reports about the stock. Peel Hunt reiterated a “buy” rating and set a GBX 90 ($1.17) price objective on shares of Breedon Group PLC in a research report on Thursday, July 20th. Jefferies Group LLC increased their price objective on shares of Breedon Group PLC from GBX 92 ($1.20) to GBX 99 ($1.29) and gave the stock a “buy” rating in a research report on Monday, June 26th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 85 ($1.11) price objective on shares of Breedon Group PLC in a research report on Thursday, April 20th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of GBX 89 ($1.16).
Shares of Breedon Group PLC (BREE) remained flat at GBX 91.75 during trading on Tuesday. The company’s stock had a trading volume of 177,820 shares. The stock has a 50 day moving average price of GBX 87.62 and a 200 day moving average price of GBX 80.52. The firm’s market cap is GBX 1.30 billion. Breedon Group PLC has a 12 month low of GBX 65.80 and a 12 month high of GBX 89.00.
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About Breedon Group PLC
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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