Key Points
- Amit Bhatia sold 200,000 Breedon shares on Dec 1 at an average of GBX 393 for about £786,000, after buying 200,000 shares at GBX 370 on Nov 25, suggesting short-term profit-taking or rebalancing.
- Shares opened at GBX 323.20 (down ~1.4%) and are trading below both the 50-day (GBX 337.32) and 200-day (GBX 373) moving averages, within a one-year range of GBX 300–501.
- Analysts remain broadly positive (three Buys, one Hold) with a consensus target of GBX 476.25; the stock has a market cap of £1.12bn and a P/E of 12.43.
Breedon Group plc (LON:BREE - Get Free Report) insider Amit Bhatia sold 200,000 shares of Breedon Group stock in a transaction dated Monday, December 1st. The stock was sold at an average price of GBX 393, for a total value of £786,000.
Amit Bhatia also recently made the following trade(s):
- On Tuesday, November 25th, Amit Bhatia bought 200,000 shares of Breedon Group stock. The stock was acquired at an average cost of GBX 370 per share, with a total value of £740,000.
Breedon Group Stock Down 1.4%
Shares of Breedon Group stock opened at GBX 323.20 on Wednesday. The company has a market capitalization of £1.12 billion, a P/E ratio of 12.43, a price-to-earnings-growth ratio of 1.56 and a beta of 1.29. 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 business has a 50-day moving average of GBX 337.32 and a two-hundred day moving average of GBX 373. Breedon Group plc has a 1 year low of GBX 300 and a 1 year high of GBX 501.
Analyst Ratings Changes
A number of analysts recently issued reports on BREE shares. Peel Hunt reissued a "buy" rating and set a GBX 500 target price on shares of Breedon Group in a research note on Thursday, November 20th. Royal Bank Of Canada reduced their price target on shares of Breedon Group from GBX 575 to GBX 525 and set an "outperform" rating for the company in a report on Friday, November 7th. Berenberg Bank reissued a "buy" rating and set a GBX 540 price objective on shares of Breedon Group in a research report on Monday, September 8th. Finally, Citigroup cut their price objective on shares of Breedon Group from GBX 360 to GBX 340 and set a "neutral" rating on the stock in a research report on Thursday, November 27th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of GBX 476.25.
Get Our Latest Research Report on BREE
Breedon Group Company Profile
(
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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