Breedon Group plc (LON:BREE - Get Free Report)'s share price hit a new 52-week high on Wednesday . The company traded as high as GBX 483.50 ($6.25) and last traded at GBX 482.50 ($6.24), with a volume of 4677263 shares. The stock had previously closed at GBX 427.50 ($5.53).
Wall Street Analysts Forecast Growth
Several research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 520 ($6.72) target price on shares of Breedon Group in a report on Friday, November 22nd. Royal Bank of Canada restated an "outperform" rating and issued a GBX 575 ($7.43) price target on shares of Breedon Group in a research report on Friday, November 22nd. Finally, Berenberg Bank lifted their price objective on Breedon Group from GBX 540 ($6.98) to GBX 590 ($7.63) and gave the company a "buy" rating in a report on Thursday.
Get Our Latest Stock Report on BREE
Breedon Group Stock Up 1.9 %
The company has a market cap of £1.68 billion, a P/E ratio of 17.44, a PEG 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's 50 day moving average price is GBX 436.51 and its 200-day moving average price is GBX 435.51.
Breedon Group (LON:BREE - Get Free Report) last released its quarterly earnings results on Wednesday, March 5th. The company reported GBX 14.50 ($0.19) earnings per share for the quarter. Breedon Group had a return on equity of 8.58% and a net margin of 6.34%. On average, analysts anticipate that Breedon Group plc will post 36.8586859 earnings per share for the current fiscal year.
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 1bn 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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