Breedon Group plc (LON:BREE - Get Free Report) shares rose 15.9% during trading on Wednesday . The company traded as high as GBX 496 ($6.41) and last traded at GBX 495.55 ($6.41). Approximately 6,320,090 shares changed hands during trading, an increase of 260% from the average daily volume of 1,754,701 shares. The stock had previously closed at GBX 427.50 ($5.53).
Wall Street Analyst Weigh In
BREE has been the subject of a number of recent research reports. Royal Bank of Canada reissued an "outperform" rating and set a GBX 575 ($7.43) price objective on shares of Breedon Group in a report on Friday, November 22nd. Berenberg Bank upped their target price 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. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 520 ($6.72) target price on shares of Breedon Group in a report on Friday, November 22nd.
Check Out Our Latest Stock Report on BREE
Breedon Group Trading Up 1.9 %
The company has a market capitalization of £1.68 billion, a P/E ratio of 17.44, 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 firm has a fifty day moving average price of GBX 436.51 and a 200-day moving average price of GBX 435.51.
Breedon Group (LON:BREE - Get Free Report) last announced its quarterly earnings data 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, equities research analysts anticipate that Breedon Group plc will post 36.8586859 earnings per share for the current year.
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 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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