Breedon Group (LON:BREE - Get Free Report)'s stock had its "buy" rating reaffirmed by equities research analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Friday, MarketBeat.com reports. They presently have a GBX 520 ($6.52) price objective on the stock. Deutsche Bank Aktiengesellschaft's price objective would suggest a potential upside of 11.47% from the stock's previous close.
Separately, Royal Bank of Canada reiterated an "outperform" rating and issued a GBX 575 ($7.21) target price on shares of Breedon Group in a research report on Friday.
Check Out Our Latest Report on Breedon Group
Breedon Group Trading Up 3.2 %
LON BREE traded up GBX 14.50 ($0.18) during mid-day trading on Friday, hitting GBX 466.50 ($5.85). The company's stock had a trading volume of 744,779 shares, compared to its average volume of 1,019,398. The stock's fifty day simple moving average is GBX 433.35 and its two-hundred day simple moving average is GBX 411.82. The firm has a market capitalization of £1.60 billion, a P/E ratio of 1,666.07, a price-to-earnings-growth ratio of 1.56 and a beta of 1.29. The company has a debt-to-equity ratio of 44.85, a current ratio of 1.44 and a quick ratio of 1.12. Breedon Group has a 52-week low of GBX 328 ($4.11) and a 52-week high of GBX 470.50 ($5.90).
Insider Transactions at Breedon Group
In other news, insider Clive Watson purchased 261 shares of the company's stock in a transaction dated Tuesday, November 12th. The shares were bought at an average price of GBX 457 ($5.73) per share, with a total value of £1,192.77 ($1,495.26). 23.90% of the stock is owned by insiders.
Breedon Group Company Profile
(
Get Free Report)
Breedon Group plc, together with its subsidiaries, engages in the quarrying, manufacture, and sale of construction materials and building products primarily in the United Kingdom, Republic of Ireland, and internationally. It offers various aggregates, such as crushed rock, high polished stone value, sand and gravel, self-binding gravels, decorative aggregates, recycled aggregates, white limestone products, agricultural lime, granular mineral fillers, and welsh slates for use in the construction market.
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