Breedon Group (BREE) Earns “Add” Rating from Numis Securities
Breedon Group (LON:BREE)‘s stock had its “add” rating reissued by research analysts at Numis Securities in a report released on Wednesday. They currently have a GBX 96 ($1.29) price objective on the stock. Numis Securities’ price target would suggest a potential upside of 14.01% from the stock’s previous close.
Other analysts have also issued research reports about the stock. Peel Hunt lowered shares of Breedon Group to an “add” rating and lifted their price target for the stock from GBX 90 ($1.21) to GBX 92 ($1.24) in a research note on Wednesday, December 6th. Shore Capital restated a “buy” rating on shares of Breedon Group in a research note on Wednesday, November 22nd. Jefferies Group lifted their price target on shares of Breedon Group from GBX 99 ($1.33) to GBX 102 ($1.37) and gave the stock a “buy” rating in a research note on Tuesday, September 19th. Finally, Barclays initiated coverage on shares of Breedon Group in a research note on Monday, November 27th. They issued an “overweight” rating and a GBX 93 ($1.25) price target for the company. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Breedon Group presently has a consensus rating of “Buy” and a consensus price target of GBX 93.60 ($1.26).
Shares of Breedon Group (LON BREE) opened at GBX 84.20 ($1.13) on Wednesday. Breedon Group has a 12 month low of GBX 71 ($0.96) and a 12 month high of GBX 92.50 ($1.24).
ILLEGAL ACTIVITY WARNING: “Breedon Group (BREE) Earns “Add” Rating from Numis Securities” was reported by American Banking News and is the property of of American Banking News. If you are reading this story on another website, it was illegally copied and reposted in violation of international trademark and copyright laws. The correct version of this story can be viewed at https://www.americanbankingnews.com/2017/12/13/breedon-group-bree-earns-add-rating-from-numis-securities.html.
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.
Receive News & Ratings for Breedon Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Breedon Group and related companies with MarketBeat.com's FREE daily email newsletter.