Stifel Nicolaus Lowers Breedon Group (LON:BREE) Price Target to GBX 415

Breedon Group (LON:BREE) had its target price cut by analysts at Stifel Nicolaus from GBX 430 to GBX 415 in a report issued on Tuesday,London Stock Exchange reports. The brokerage presently has a “buy” rating on the stock. Stifel Nicolaus’ price objective points to a potential upside of 35.16% from the company’s previous close.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 465 price objective on shares of Breedon Group in a research note on Monday, March 16th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 449.

Breedon Group Trading Up 3.0%

LON BREE opened at GBX 307.05 on Tuesday. The stock has a market capitalization of £1.06 billion, a P/E ratio of 11.81, a P/E/G ratio of 1.56 and a beta of 1.08. The business has a 50 day simple moving average of GBX 338.39 and a 200 day simple moving average of GBX 336.41. The company has a debt-to-equity ratio of 53.71, a current ratio of 1.35 and a quick ratio of 1.12. Breedon Group has a one year low of GBX 294.60 and a one year high of GBX 483.

Breedon Group (LON:BREE) last issued its quarterly earnings results on Wednesday, March 11th. The company reported GBX 31.80 earnings per share (EPS) for the quarter. Breedon Group had a return on equity of 7.14% and a net margin of 4.89%. Research analysts expect that Breedon Group will post 36.8586859 earnings per share for the current year.

Breedon Group Company Profile

Breedon Group plc, a leading vertically-integrated construction materials group in Great Britain, Ireland and the USA, delivers essential products to the construction sector. Breedon holds 1.5bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services, including specialty materials, surfacing and highway maintenance operations, to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants.