Key Points
- Amit Bhatia, an insider at Breedon Group, bought 200,000 shares on Nov. 25 at GBX 370 each, a £740,000 transaction.
- Shares opened at GBX 332.23 (down 1.7%) and have traded between GBX 300–501 over the past year; the company has a market cap of £1.15bn and a P/E of 12.78.
- Analysts have a consensus rating of Moderate Buy with an average target of GBX 481.25 (three Buys, one Hold), though individual targets range widely.
Breedon Group plc (LON:BREE - Get Free Report) insider Amit Bhatia bought 200,000 shares of the business's stock in a transaction dated Tuesday, November 25th. The stock was acquired at an average cost of GBX 370 per share, for a total transaction of £740,000.
Breedon Group Stock Down 1.7%
Shares of LON:BREE opened at GBX 332.23 on Thursday. Breedon Group plc has a 1-year low of GBX 300 and a 1-year high of GBX 501. The company has a debt-to-equity ratio of 44.86, a current ratio of 1.44 and a quick ratio of 1.12. The stock has a market cap of £1.15 billion, a P/E ratio of 12.78, a P/E/G ratio of 1.56 and a beta of 1.29. The firm has a fifty day moving average price of GBX 339.54 and a 200 day moving average price of GBX 377.06.
Analyst Upgrades and Downgrades
A number of research firms recently issued reports on BREE. Berenberg Bank reissued a "buy" rating and set a GBX 540 price target on shares of Breedon Group in a report on Monday, September 8th. Citigroup lowered their target price on Breedon Group from GBX 410 to GBX 360 and set a "neutral" rating on the stock in a research note on Wednesday, October 22nd. Royal Bank Of Canada cut their price target on Breedon Group from GBX 575 to GBX 525 and set an "outperform" rating for the company in a research note on Friday, November 7th. Finally, Peel Hunt reiterated a "buy" rating and issued a GBX 500 price objective on shares of Breedon Group in a research report on Thursday, November 20th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Breedon Group presently has a consensus rating of "Moderate Buy" and an average target price of GBX 481.25.
Read Our Latest Stock Report on BREE
About Breedon Group
(
Get Free Report)
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.
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