Key Points
- Breedon Group insider Clive Watson bought 715 shares on November 12 at GBX 329 each, for a total of £2,352.35.
- The shares opened at GBX 326.40, while analysts’ consensus rating is Moderate Buy with a target price of GBX 437; four analysts rate it Buy and one Hold.
- Breedon supplies construction materials across Great Britain, Ireland, and the U.S., with operations spanning quarries, concrete and asphalt plants, and two cement plants.
Breedon Group plc (LON:BREE - Get Free Report) insider Clive Watson bought 715 shares of the firm's stock in a transaction dated Thursday, November 12th. The shares were acquired at an average price of GBX 329 per share, for a total transaction of £2,352.35.
Breedon Group Stock Performance
LON BREE opened at GBX 326.40 on Friday. The stock has a market cap of £1.13 billion, a P/E ratio of 13.83, a PEG ratio of 1.56 and a beta of 1.12. The company's 50-day simple moving average is GBX 324 and its 200 day simple moving average is GBX 321.51. Breedon Group plc has a twelve month low of GBX 271.40 and a twelve month high of GBX 368. The company has a quick ratio of 1.12, a current ratio of 1.40 and a debt-to-equity ratio of 62.39.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the company. Citigroup lifted their price objective on Breedon Group from GBX 310 to GBX 330 and gave the company a "neutral" rating in a report on Thursday, August 6th. Deutsche Bank reissued a "buy" rating and issued a GBX 475 target price on shares of Breedon Group in a report on Thursday, July 30th. Finally, Berenberg Bank reissued a "buy" rating and issued a GBX 465 target price on shares of Breedon Group in a report on Friday, July 31st. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 437.
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Breedon Group Company Profile
(
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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 1.7bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants. The Group's two well-invested cement plants manufacture a product which is key to delivering infrastructure and housing, and are actively engaged in carbon reduction practices.
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