Breedon Group PLC (BREE) Receives Average Rating of “Buy” from Brokerages
Breedon Group PLC (LON:BREE) has received an average recommendation of “Buy” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 89.75 ($1.18).
Several analysts have weighed in on BREE shares. Peel Hunt reaffirmed a “buy” rating and set a GBX 90 ($1.18) price objective on shares of Breedon Group PLC in a research report on Monday, October 2nd. Jefferies Group LLC boosted their price target on Breedon Group PLC from GBX 92 ($1.21) to GBX 99 ($1.30) and gave the stock 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 (BREE) opened at 86.25 on Thursday. Breedon Group PLC has a 1-year low of GBX 65.80 and a 1-year high of GBX 90.49. The company’s 50-day moving average price is GBX 87.85 and its 200-day moving average price is GBX 84.75. The firm’s market capitalization is GBX 1.22 billion.
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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