Breedon Aggregates Ltd (BREE) Earns “Buy” Rating from Peel Hunt
BREE has been the subject of a number of other reports. Numis Securities Ltd reissued an add rating and set a GBX 82 ($1.07) price objective on shares of Breedon Aggregates in a research report on Thursday, August 11th. Jefferies Group raised their price objective on Breedon Aggregates from GBX 70 ($0.91) to GBX 84 ($1.10) and gave the stock a buy rating in a research report on Friday, July 29th. Berenberg Bank reissued a buy rating and set a GBX 80 ($1.04) price objective on shares of Breedon Aggregates in a research report on Friday, July 22nd. Finally, Goodbody reissued a buy rating on shares of Breedon Aggregates in a research report on Monday, August 1st. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. Breedon Aggregates currently has an average rating of Buy and a consensus price target of GBX 80.75 ($1.05).
Breedon Aggregates (LON:BREE) opened at 71.50 on Friday. The stock’s 50 day moving average is GBX 70.95 and its 200 day moving average is GBX 70.04. The firm’s market cap is GBX 823.40 million. Breedon Aggregates has a 12-month low of GBX 52.50 and a 12-month high of GBX 77.13.
In other news, insider Williams,David sold 6,710,636 shares of Breedon Aggregates stock in a transaction dated Friday, September 2nd. The stock was sold at an average price of GBX 72 ($0.94), for a total value of £4,831,657.92 ($6,306,824.07).
Breedon Aggregates Company Profile
Breedon Aggregates Limited is a United Kingdom-based holding company for companies involved in the quarrying, production and sale of aggregates and related activities. The Company is an integrated aggregates company. The principal activities of the Company are the quarrying of aggregates and the production of added value products, including asphalt and ready-mixed concrete, collectively known as aggregates, together with related activities in Great Britain and Jersey.
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