Breedon Group PLC (LON:BREE) has received an average recommendation of “Buy” from the six brokerages that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is GBX 93.60 ($1.29).
A number of equities analysts recently commented on the company. Numis Securities reiterated an “add” rating and issued a GBX 96 ($1.33) price target on shares of Breedon Group in a research note on Wednesday, December 13th. Peel Hunt downgraded Breedon Group to an “add” rating and lifted their price target for the stock from GBX 90 ($1.24) to GBX 92 ($1.27) in a research note on Wednesday, December 6th. Barclays assumed coverage on Breedon Group in a research note on Monday, November 27th. They issued an “overweight” rating and a GBX 93 ($1.28) price target for the company. Finally, Shore Capital reiterated a “buy” rating on shares of Breedon Group in a research note on Wednesday, November 22nd.
Shares of Breedon Group (BREE) opened at GBX 77.48 ($1.07) on Wednesday. The firm has a market capitalization of $1,120.00 and a PE ratio of 2,582.50. Breedon Group has a 52 week low of GBX 73 ($1.01) and a 52 week high of GBX 92.50 ($1.28).
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Breedon Group 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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